that's a pretty bold statement. Care to elaborate?
Seems pretty expensive when i pay exactly that to AT&T to have 6mbps at my home. we're talking about 1mbps maximum here right?
Put it together with usage data, you quickly get over $19: http://blog.nielsen.com/nielsenwire/online_mobile/u-s-teen-m...
Edit: Just want to point out, I'm not saying this is a bad bet to make. They can attract a ton of consumers with a super low cost, and if those consumers do most of their communication in-network, eventually they'll be in the green.
"Bandwidth.com, Inc., a privately held telecommunications company in Research Triangle Park, North Carolina, announced today that it has signed a commercial deal with the Verizon wireline companies under which the parties agree to terminate each other's VoIP traffic at a rate of $0.0007 per minute."
This is for landlines, but still a much lower number than I was expecting to see.
Other companies turn a profit with 1/10 to 1/100 of their prices.