Vyke VoIP Service has One Million Paid Users

Norwegian VoIP firm, Vyke Communications, announced this week that it has signed up more than 1-million paid internet telephony users, with downloads of its digital VoIP client doubling in the first six months of 2007.

“Growth has come from all around the world, but particularly in Asia and the Middle East, where charges are high,” said Vyke Chairman, Tommy Jensen, noting that revenue had increased significantly in recent months.

Mr. Jensen went on to say that the company was close to finalizing its acquisition of an unnamed American VoIP provider. The transaction, which is subject to ongoing due diligence, will apparently give Vyke a presence not only in the U.S., but also in parts of Africa and South East Asia.

Vyke allows users to make cheap long distance and international calls from PCs and data-enabled mobile phones. It’s AIM-listed stock has climbed more than five-fold in the past six months.

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