The booming market for phone calls using Internet technology has created a bonanza for telecom gear makers such as Cisco Systems Inc., but aggressive pricing could squeeze profits. Price competition
for so-called corporate VOIP products, particularly among the three big North American players -- Cisco, Avaya Inc. and Nortel Networks -- may be intensifying, prompted by lackluster information
technology spending and moves to capitalize on a replacement cycle for phone systems, analysts said.
Read the whole story at Reuters, March 23, 2005 »
