Vonage's woes are weighing down the rest of the VoIP service provider industry, financially, says Om Malik. The crows are coming home to roost, it seems. It just isn't easy to build a competitive carrier, no matter what the technology. The fact that these services are delivered over a residential internet connection can't erase that fact.
The shift in investor sentiment is heartening. Perhaps our industry can now start to move forward from the dead-end preoccupation of replacing telco-functionality with like, built on IP.