Hard Times at CounterPath
Source: www.voip-news.com
CounterPath Corporation is reducing costs by restructuring their business. The company hopes to cut costs by $4 million each year. It is however hoping to involve audience interaction too.
“This restructuring, while difficult, is primarily the result of integrating our acquisitions. We are also being prudent and managing our cash resources in light of the current business climate. We made three acquisitions over the past year to expand our solution portfolio beyond our award winning desktop softphone. We added enterprise capabilities in both fixed and mobile communications, as well as adding a mobile operator’s solution to turn the Internet into a global open roaming network. Our business prospects are solid and our premise of unifying desktop and mobile communications is beginning to take hold with customers as our software decreases costs and increases productivity for users.”
Buzzwords like productivity were toss about/
“The changes we are announcing today will ensure that CounterPath will streamline operating activities in line with profitability expectations and continue delivering on our strategy,” said Jones.







