Further investment needed to boost mobile VoIP

Further investment needed to boost mobile VoIP

With the proliferation of smartphones and mobile devices growing at a rapid rate, one industry expert has claimed further investment in infrastructure is needed to make VoIP available to mobiles.

Patrick Lo, co-founder, chairman and chief executive officer of home networking company Netgear, told the FT Connected Business podcast, that funds need to be supplied to boost the efficiency of the power grid.

"When you have more computing devices such as tablets, smartphones and laptops, you need a much better network in order to make those devices smart," he explained.

TechNavio recently published a report that predicted mobile VoIP markets in Europe, the Middle East and Africa will grow rapidly before 2014, suggesting they could be worth $5.3 billion (£3.3 billion) in two years' time.

New studies have indicated that VoIP technology has the potential to reduce a business' costs by as much as 40 per cent, due to its ability to boost communication and collaboration.