Ooma Inc 's Comment on Competition and Industry Peers
The company operates in a broad and highly competitive communications market, serving business, home, and mobile users with various communications solutions and connected services. Its competitors include established communications providers such as Comcast Corporation, Verizon Communications Inc., and Rogers Communications Inc.; cloud-based communications companies including RingCentral Inc., Vonage Holdings Corp. (acquired by Ericsson), 8x8 Inc., Nextiva, Inc., Intermedia.net Inc., Dialpad Inc., Microsoft Corporation, Zoom Video Communications, Inc., Alphabet Inc. (Google Voice), Crexendo, Inc., and Alianza, Inc.; traditional on-premise hardware business communications providers like Cisco Systems, Inc. and Mitel, Inc.; communications platform as a service (CPaaS) companies such as Twilio Inc., Plivo Inc., and Sinch Inc.; software companies competing in contact center as a service (CCaaS) solutions including Five9 Inc. and NICE Systems Ltd.; and providers in the plain old telephone service (POTS) replacement market, including Verizon Communications Inc., Granite Telecommunications LLC, MetTel Inc., AT&T Inc., Napco Security Technologies, Inc., and DataRemote Inc. The market is characterized by rapid evolution, fragmentation, and relatively low barriers to entry in certain segments.
Charter Communications Inc is a telecommunications company that provides cable services, including high-speed internet, television, and telephone services to residential and commercial customers.
Sources:
Ooma Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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