News - USNT - Expected Growth in Voice Marketplace
DENVER, CO, Nov 30, 2007 (MARKET WIRE via COMTEX) -- US National Telecom (PINKSHEETS: USNT), formerly (YIWA), a leader in wholesale VoIP telecom, which has reported that there will be a 3-for-1 share dividend paid to shareholders, continues to expand its wholesale telecom offerings, with increased focus on efforts in the international marketplace. The 3-for-1 share dividend will be paid out to shareholders of record of a pre-announced date.
Individuals and businesses worldwide have been moving towards adopting telephone service based on Voice over Internet Technology, also known as VoIP. Sending voice traffic over the Internet has become extremely popular because it eliminates the use of use of long distance telco lines. Businesses using VoIP can save as much as 80% on their communications cost.
The VoIP-related marketspace has been growing at more than 25% per year, worldwide and many analysis reports indicate that this market will grow to over $10 billion a year in a few years. The Company believes that it can capitalize on recent technology improvements and expanded network capacity to capture an increasing share of the VoIP market.
About US National Telecom (USNT)
US National Telecom (USNT) is a publicly traded VoIP technology company, headquartered in Denver Colorado. www.USnationalTelecom.com. The Company focus is on building a VoIP and Internet services conglomerate with various wholesale services.