ZipTel’s pilot phase of ZipT phone app nets positive results
Published 12-JAN-2015 08:25 A.M.
|
2 minute read
Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.
In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.
The below articles were written under our previous business model. We have kept these articles online here for your reference.
Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.
Click Here to View Latest Articles
Australian telecoms provider ZipTel (ASX:ZIP) is now well into the pilot phase of its ZipT phone app’s global launch and reporting positive results from its first thousand surveyed users.
ZipT is a mobile based international calling app that compresses voice data to ensure a clear signal in any bandwidth environment. App to app calls and SMS messages are free, and low fees are charged for contacting other landlines and mobiles.
The app is being launched globally with a pilot phase beginning late last month in five countries – India, Brazil, Mexico, the US and the UK.
130,000 users are being targeted in this initial phase, which is designed to resolve any technical issues with the product before a wider global roll out.
ZIP wants to sign up 500,000 users within six months and up to 5.6 million within the first year.
ZipT gains 80% approval from first 1,000 users
The first part of the pilot phase is being conducted in India where ZIP has a strategic partnership with Ladooo, a leading mobile advertising firm. India has large areas still using 2G bandwidth, the minimum requirement for ZipT’s technology.
ZIP says in the first two weeks of the pilot phase, 1,000 users placed 14,000 phone calls and sent 2,500 messages to worldwide destinations.
Each user was surveyed about the ZipT experience and ZIP says 80% reported good quality phone calls, 85% reported no delays or interruptions and less than 5% had a negative experience.
Technical testing and analysis by ZIP has also found that calls were stable in bandwidth areas as low as six kilobytes per second, which is 25% lower than the products advertised rate of eight kilobytes per second.
ZIP’s Executive Director, Keaton Wallace, says the company has now commenced a second user survey targeting 9,000 users. “We are extremely pleased with the pilot testing phase and the results to date,” he says.
“The calls have predominantly been made through 2G data speeds and heavily congested networks, environments which ZipT has proven to excel in. We are confident in our revolutionary ZipT product which offers great potential and the ability to capture significant market share. As the pilot phase continues we envisage frequent market updates on progress during this period.”
General Information Only
This material has been prepared by StocksDigital. StocksDigital is an authorised representative (CAR 000433913) of 62 Consulting Pty Limited (ABN 88 664 809 303) (AFSL 548573).
This material is general advice only and is not an offer for the purchase or sale of any financial product or service. The material is not intended to provide you with personal financial or tax advice and does not take into account your personal objectives, financial situation or needs. Although we believe that the material is correct, no warranty of accuracy, reliability or completeness is given, except for liability under statute which cannot be excluded. Please note that past performance may not be indicative of future performance and that no guarantee of performance, the return of capital or a particular rate of return is given by 62C, StocksDigital, any of their related body corporates or any other person. To the maximum extent possible, 62C, StocksDigital, their related body corporates or any other person do not accept any liability for any statement in this material.
Conflicts of Interest Notice
S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.
Publication Notice and Disclaimer
The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.
Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.
This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.
