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<b>Voip</b> Market 2020-2026 – Massive Industry Improvement Till 2026

Google News - VoIP - 2020, February 17 - 8:15pm
Industrial Forecasts on Voip Industry: The Voip Market report offers a detailed analysis of Industry with growth & significant CAGR during forecast ...
Categories: VoIP News

New Strategic Research Report on Voice over Internet Protocol (<b>VoIP</b>) Services Market (2020 To ...

Google News - VoIP - 2020, February 17 - 7:35pm
The global Voice over Internet Protocol (VoIP) Services Market was xx million US$ in 2019 and is expected to xx million US$ by the end of 2027, ...
Categories: VoIP News

<b>VoIP</b> Market by Manufacturers, Regions, Risk Analysis, Driving Forces, Deployment Model ...

Google News - VoIP - 2020, February 17 - 6:39pm
The VoIP Market research report analyses and provides the historical data along with current performance of the Global VoIP Industry, and estimates ...
Categories: VoIP News

Global <b>VoIP</b> Phone Market 2025: Size, Key Companies, Trends, Growth and Regional Forecasts ...

Google News - VoIP - 2020, February 17 - 6:33pm
The global “VoIP Phone” Market report evaluates the key opportunities in the market and outlines the factors that are and will be driving the growth of ...
Categories: VoIP News

CloudCall partners with international counterpart

Google News - VoIP - 2020, February 17 - 5:15pm
... call activities are now unified and automatically logged, including links to goals and KPI tracking. "This is a comprehensive and powerful CRM-VoIP ...
Categories: VoIP News

New Research Study on Internet Protocol Private Branch Exchange (IP PBX) market predicts ...

Google News - VoIP - 2020, February 17 - 4:18pm
Unlike PSTN PBX, IP PBX has the ability to switch, forward and route the calls between VoIP networks to PSTN and PSTN to VoIP. IP PBX services are ...
Categories: VoIP News

PE-backed comms firm continues acquisitive streak with multimillion-pound deal

Google News - VoIP - 2020, February 17 - 3:56pm
Portal has over 20 years of telecoms and maintenance expertise, including working with the leading VOIP and cloud technologies. ... You can carry on ...
Categories: VoIP News

ToTok disappears again from Google Play and Apple app stores

Google News - VoIP - 2020, February 17 - 3:56pm
ToTok, the popular VoIP app, has once again been removed from the Google Play and Apple App stores. The app – which allows users to make video ...
Categories: VoIP News

<b>VoIP</b> Equipment Market Next Big Thing | Major Giants Huawei, Ericsson, Nokia Networks

Google News - VoIP - 2020, February 17 - 3:56pm
Latest Study on Industrial Growth of Global VoIP Equipment Market 2019-2025. A detailed study accumulated to offer Latest insights about acute ...
Categories: VoIP News

Oyo’s revenue surged in FY19, but loss widened, too

Startup News - 2020, February 17 - 3:43pm

Budget-lodging startup Oyo reported a loss of $335 million on $951 million revenue globally for the financial year ending March 31, 2019, and pledged to cut down on its spending as the India-headquartered firm grows cautious about its aggressive expansion.

The six-year-old startup’s growing revenue, up from $211 million in financial year ending March 31, 2018 (FY18), is in line with the company’s ambitions to be in a clear path to profitability this year, said Abhishek Gupta, Global CFO of OYO Hotels & Homes, in a statement.

But the startup’s loss has widened, too. Its consolidated loss at $335 million in FY19 was up over six-fold from about $52 million in FY18. In India, where Oyo clocked $604 million in revenue in FY19 (up 2.9X since FY18), it was able to reduce its loss to 14% (from 24%) of revenue in FY19 to $83 million.

The startup, which today operates more than 43,000 hotels with over a million rooms in 800 cities in 80 nations, said its expansion to China and other international markets contributed to the loss. Oyo entered China in 2018, and it has already become its second largest market.

“These markets constituted 36.5% of the global revenues. While consistently improving operating economics in mature markets like India where it’s already seeing an improvement in gross margins, the company is determined to bring in the same fiscal discipline in emerging markets in the coming financial year,” the startup said in a statement.

The startup said it is working on improving its gross margin. In India, its gross margin increased to 14.7% from 10.6% as of FY18.

Oyo’s growth in international markets

Oyo has come under scrutiny in recent months for its aggressive expansion in a manner that some analysts have said is not sustainable. The startup, which rebrands and renovates independent budget hotels, has also engaged in sketchy ways to sign up new hotels, as documented by the New York Times earlier this year.

In 2019, Oyo, which counts Airbnb among its investors, expanded in Europe and the U.S. among other markets. It bought Leisure Group from Axel Springer for $415 million to targer Europe’s vacation rental market — and announced plans to invest another $335 million for this effort. In the same month, it announced it had acquired the Hooters Casino Hotel Las Vegas for about $135 million in its first U.S. property purchase.

It also entered Japan in a partnership with SoftBank. Bloomberg reported on Sunday that Oyo currently has about 7,500 rooms in the country, less than 1% of its 1 million ambitious target.

In recent months, Oyo executives have acknowledged that the startup grew too fast and is confronting a number of “teething issues.” Oyo has laid off at least 3,000 employees, mostly in India, in last three months.

“The company’s increased focus on corporate governance and building a high-performing and employee-first work culture will also drive this next phase of sustainable growth for us,” said Gupta.

Local Indian laws require every local startup — and international businesses — to disclose their annual financials. Most of them filed their financials in early October.

More to follow shortly…

Categories: Business News

Mobile <b>VoIP</b> Market Size, Share, Growth, Trends, Regional Outlook, Statistics, Top Manufactures ...

Google News - VoIP - 2020, February 17 - 3:22pm
This report provides in depth study of “Mobile VoIP Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization ...
Categories: VoIP News

PBX Phone System Market Size Forecast 2019-2025 Made Available by Top Research Firm

Google News - VoIP - 2020, February 17 - 1:18pm
... claims that the product landscape of the PBX Phone System market is segregated into Traditional PBX/Analogue PBX, Hosted PBX and VoIP/IP PBX ...
Categories: VoIP News

Global Acoustic Emission Based NDT Market Growth 2019-2025 : MISTRAS Group, Asian Contec ...

Google News - VoIP - 2020, February 17 - 12:56pm
The global "VoIP Phone Market" research report offers a comprehensive analysis and forecasts of the VoIP Phone market at both the global and ...
Categories: VoIP News

<b>VoIP</b> Provider Services Market: Global Industry Demand, Sales, Suppliers, Analysis and 2026 ...

Google News - VoIP - 2020, February 17 - 2:03am
The key objective of “VoIP Provider Services Market 2020-2025 Trends and Global Insights” report is to help the user understand the market in terms ...
Categories: VoIP News

FTTP phone migrating

Google News - VoIP - 2020, February 17 - 12:54am
I have a BT voip phone line provided via the Openreach ONT but wondered how on earth I can migrate the telephone number to another ISP or voip ...
Categories: VoIP News

757 online scams in Terengganu last year, causing RM22m in losses

Google News - VoIP - 2020, February 16 - 11:15pm
... among others,” he said, explaining that by using the Voice over Internet Protocol (VoIP) system, scammers could make the telephone numbers such ...
Categories: VoIP News

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