Cisco Systems reached a major milestone by shipping its 2 millionth IP phone. The milestone phone was delivered to SouthTrust Corp., a bank that has replaced over 10,000 traditional phones on its legacy circuit-based PBX network in favor of a new virtual Enterprise IP PBX. The new system employs more than 10,000 Cisco IP Phones.
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- In August of 2002, Cisco announced that it reached the 1 million milestone for shipped IP phones. Its first IP phone was introduced in 1999.