Voice over Internet Protocol (VoIP) services expected to double in popularity

VoIP services, similar to managedIP from TDS®, projected to grow close to 10 percent a year through 2021.

New research from Transparency Market Research predicts that the Voice over Internet Protocol (VoIP) services market will expand nearly 10 percent each year until 2021––nearly doubling the market’s size. To help more organizations transition to VoIP, TDS Telecommunications Corp. (TDS®) is offering a price break on the VoIP phones used with the company’s managedIP solution.

According to this recently released study, the global VoIP services market was valued at $70.9 billion in 2013 and is expected to grow to an estimated $136.76 billion by 2021, with a subscriber base of roughly 348.5 million. Recently, TDS announced the increased availability of its flagship business VoIP Solution, managedIP.

To help businesses expand into the VoIP market, TDS is offering businesses who buy a Polycom VVX500 phone to use with their new managedIP Hosted service, a second phone for a penny. With managedIP comes remote office teleworker, an intuitive online web portal, and simultaneous ring to help make employees more mobile, flexible, and reliable.

For more information, visit tdsvoip.com or call 866-448-0071.

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Media contact: Cindy Tomlinson | Associate Manager – Public Relations | TDS Telecom | 608-664-4471 | cindy.tomlinson@tdstelecom.com

TDS Telecommunications LLC (TDS Telecom/TDS®) delivers high-speed internet, TV entertainment, and phone services to nearly 900 rural, suburban, and metropolitan communities across the U.S. With more than 1.2 million connections, TDS is one of the fastest growing technology companies in the United States. Powered by fiber-optics and new industry-leading technologies, TDS delivers up to 1 Gigabit internet speeds and offers internet-protocol based TV entertainment solutions along with traditional phone services. TDS also offers businesses VoIP advanced communications solutions, dedicated internet service, data networking, and hosted-managed services. Visit tdstelecom.com.

TDS Telecom, headquartered in Madison, Wis., employs nearly 2,700 people and is a subsidiary of Telephone and Data Systems, Inc. [NYSE: TDS], a Fortune 1000® company. Founded in 1969, TDS Inc. employs 9,400 people and has approximately six million connections nationwide through its businesses U.S. Cellular, TDS Telecom, OneNeck IT Solutions LLC, and TDS Broadband Service. TDS Inc. has been named to several Forbes lists, including America's Best Employers for Diversity, Best Large Employers, and Best Employers for Women. Visit tdsinc.com.

Updated February 2019

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