Jun
26
2009
MagicJack Will Top $100 Million In Sales This Year
Posted by: siliconalleyinsider in Silicon Alley Insider
Here’s a recession winner: MagicJack, the super-cheap Internet phone gadget, is flying off the shelves. And parent company YMax Communications, founded by telecom veteran Daniel Borislow, is raking in big money.
MagicJack works by hooking a standard home phone up to an Internet calling service via a $40 USB jack, which sells via stores like Best Buy, RadioShack, and Walgreen’s. It lets you place and receive unlimited phone calls over the company’s Internet phone network for $20 a year. (First year free.)