Asian VOIP market to reach $10 bln in 2009

The market for VoIP services in Asia continues to show strong growth, as total revenue is expected to rise from nearly $5.5 bln in 2004 to over $10 bln by 2009, reports In-Stat. Currently, long distance calls, initiated from either traditional PSTN terminals or full IP local loops but carried over IP backbones to recipients' local networks, create the bulk of VoIP business in Asia, providing for 85.4% of total revenue in 2004. In 2004, there were 8.7 mln local VoIP lines in Asia.