XConnect reported a revenue increase of 90 percent in 2010 based on traffic growth of 153 percent as it expanded offerings to help service providers continue the transition to Internet Protocol (IP) and introduce new services.
Reflecting this growth, the company said it acquired 42 new service-provider customers across the globe, and it experienced a 161-percent increase from 2009 in the number of queries to its ENUM registry from operators seeking to interconnect voice, video, data, messaging and multimedia communications sessions.
“2010 was a key year for IP communications,” said XConnect CEO Eli Katz. “We are now witnessing the real commercial deployments of multimedia IP communications, including video calling and high-definition voice. For this evolution to trigger mass-market adoption, there is one key requirement: cross-network capability with full multimedia IP interconnect and interoperability. This is exactly what we do, enabling operators to maximize usage and opportunities for revenue and margin growth from these new services.”
Katz added, “Our 2010 results demonstrate that fixed, Web 2.0 and pure-play service providers increasingly are turning to XConnect as a single trusted, neutral provider in deploying cross-network innovative multimedia services.”