Dialpad Communications, a privately-held provider of VoIP-based services, announced that it reached profitability in Q4 2003 and was EBITDA positive for the six month period ending 31-December-2003. The company had originally anticipated attaining profitability by December 2004.
Dialpad launched its Internet telephony service in 1999 and quickly grew to over 14 million users for its PC-based calling service. However, Dialpad filed for Chapter 11 protection in 2001, due to the decline in online advertising. The company then appointed Craig Walker as its new CEO and the business was transformed from a free to a pay service. http://www.dialpad.com
