Now this is interesting: BellSouth is going to re-sell 8x8's consumer VOIP service under a white label deal announced today after the stock markets closed - 8x8 shares
will likely jump when the markets open again Monday. The new
service will be sold under the BellSouth Digital Phone Service banner.
If goes without saying this is a huge victory for 8x8,
which has been struggling to find a niche in recent years. The company,
which has 93,000 customers, continues to post quarterly losses as it
experiments with a variety of different services such as video-phones,
and marketing plans. Andy Abramson, who onto the story earlier today
(which could explain why 8x8 shares soared Friday afternoon more than
40% after a late surge),
has more details here.
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8x8, BellSouth Dancing
Now this is interesting: BellSouth is going to re-sell 8x8's consumer VOIP service under a white label deal announced today after the stock markets closed - 8x8 shares
will likely jump when the markets open again Monday. The new
service will be sold under the BellSouth Digital Phone Service banner.
If goes without saying this is a huge victory for 8x8,
which has been struggling to find a niche in recent years. The company,
which has 93,000 customers, continues to post quarterly losses as it
experiments with a variety of different services such as video-phones,
and marketing plans. Andy Abramson, who onto the story earlier today
(which could explain why 8x8 shares soared Friday afternoon more than
40% after a late surge),
has more details here.
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