The future of broadband voice communications is in doubt after the market leader in the technology closed its doors.
San Jose-based Jetstream Communications announced that it could no longer continue despite generating more than $25m in sales last year and enjoying a 30 per cent market share.
Director of marketing Steven Shaw said that it had been difficult for Jetstream to raise the capital it needed, even though it had the customers, sales and deployments. The company halved its workforce to 100 about a month ago.
Jetstream made Voice Over Digital Subscriber Line products that expanded a single phone wire into different lines so that a section could be used for broadband and the remainder reserved for ordinary voice lines.
Analysts believe it is unlikely that sales in broadband voice equipment will pick up in the US as telecoms companies are still cutting back on spending after the technology downturn.
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