January 8, 2008
QT Talk, Inc the "Global VoIP Company" interconnects with Directo Communications, one of largest fixed and mobile operators for global voice services in Latin America, expanding the QT Talk Next Generation Network for international voice services. The interconnection enables Directo Communications of Latin America, the Latin America division of Mexico's parent company, Directo Communications to route international voice traffic over QT Talk' Next Generation Network, a leading global VoIP network to anywhere in the world; including neighboring North American countries such as Canada, Caribbean country Cuba, and South American country Peru. In exchange for large voice termination into all the other countries in Latin America, the agreement expands QT Talk' ability to be one of the largest providers of VoIP in Latin America.
"Mobile-originated traffic from Latin America grew 40% from 2006 to 2007, which is indicative of the worldwide migration of international voice traffic to mobile networks," said Louis Arriola, president and CEO of QT Talk. "We are very pleased to add Directo Communications of Latin America to our growing customer base and to have them utilizing our leading Next Generation Network for their international traffic. Our proven resources and expertise in VoIP are enhancing the growth, efficiency and profitability of leading mobile network operators such as Directo Communications of Latin America."
QT Talk delivers improved call completion and duration, which generates additional minutes per call for a mobile operator enabling them to increase their average revenue per user. Directo Communications is leveraging QT Talk advanced Next Generation Network, which certifies higher route quality and stability.
According to Latin Business Chronicle, Latin American VoIP is one of its most dynamic sectors. Although growth is slow to develop in basic telephony. Internet penetration and broadband connections are developing at a fast pace. Like many telecommunications markets, growth in Latin America is fueled by the continued conversion from fixed to mobile phones and by broadband growth. In Latin America, mobile telephony overtook fixed lines in 2001 and has been steadily growing. Latin America has a mobile penetration rate of more than 50% with currently 10.8 million mobile users. To sustain growth and face a more competitive market, mobile operators are increasingly looking at innovative options to enhance their international business profitability, focusing on international voice revenues and margins.