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Freeman Cebu Business

American VOIP company strengthens RP operations

- Rhia de Pablo -

Optimistic that the so called “Voice over Internet Protocol” (VOIP) is going to transform the telephone industry like how computers transformed the information industry, a US-based VOIP company called Momentum Plus is strengthening its hold on the Filipino OFW market by providing them with unlimited communication options for their loved ones anywhere in the world.

Experts have reportedly predicted that VOIP would surpass one billion dollars in revenues by 2010 and the Economist magazine also predicted that by 2013, as many as 47% of all callers worldwide will then be using VOIP.

Recently, Momentum Plus together with its American-based executives and Philippine operations team held a seminar at the Cebu Parklane International Hotel to discuss about the business and explain why they believe that VOIP will be the world’s next “red hot mega trend.”

Momentum Plus CEO Lance Lomako pointed out that their company can provide opportunities to people and create millions of financially independent families through distributing their products.

Momentum Plus focuses on VOIP technology and solutions via their MPlus VOIP platform communications system. Their patented QoS IP phones, integrated Softswitch and worldwide call termination enables MPlus VOIP to deliver complete and affordable VOIP communications around the world towards businesses, home phones, mobile phones and other computer IP connections.

Momentum Plus as Lomako said started operation in July 4, 2003 at the Silicon Valley and in just a span of about four years they were able to establish international offices including here in the Philippines last October 2007.

The company here in the country is managed by balikbayan businessman Anddy B. Dabon who heads exclusive distribution of Momentum Plus here in the country under his company Fortune Plus Global Philippines, Incorporated.

 According to Dabon in an interview, VOIP came to the Philippines in 2005 through IBOs or independent business owners. So far, IBOs in the Philippines and in some countries in South East Asia including Korea, Japan and Hong Kong, which are also considered subscribers of Momentum Plus VOIP services have reached to 2, 000 already excluding the families they are communicating with.

He also discussed that so far, there only are about four to five players in the VOIP service industry in the Philippines but their company is the only one which engages their client base through network marketing strategies.

Dabon said that VOIP users in the country are only about 3% to 4% and most of them are based in Metro Manila.

 “The figure shows that there is a big opportunity for people from the Visayas and Mindanao regions to take hold of this technology and the opportunity that this company could bring them,” Dabon said.

Fortune Plus Global Philippines, Inc. has been licensed by the National Telecommunication Commission to do business in the country and Dabon is looking at putting up a satellite office here in Cebu in about two to three months time or the soonest possible.

“We believe that there is a bright future for VOIP here in the country so we are looking at capturing about 500 to 1, 000 VOIP distributors in the Visayas area and we strategically chose to put up our satellite office here in Cebu because it is the center for Visayas and Mindanao,” Dabon stressed.

 

COUNTRY

DABON

FORTUNE PLUS GLOBAL PHILIPPINES

MOMENTUM PLUS

PLACE

PLUS

VOIP

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