Saturday, March 24, 2007

Primus Losing $$

Light Reading has the numbers on Primus.
"Loss from Operations Was ($213) Million in 2006 From a Loss of ($82) Million in 2005 (Including Asset Impairment Write-Down and Loss on Sale or Disposal of Assets Charges of $225 Million in 2006 and $13 Million in 2005)"
It's amazing that one of the biggest of the original VOIP providers has fallen so hard. But then first in doesn't necessarily mean survival. You have to continually watch the industry - keep innovative, keep top of mind.

No comments: