Counterpath wins award for work with Rogers

Counterpath CEO Donovan Jones says the Rogers One Number project “…represents the new world of telecommunications that is indicative of what operators need to do in order to be competitive in a marketplace threatened by Skype and other Internet over-the-top services.”The British Columbia Technology Industry Association held its annual Technology Impact Awards event last night at the Vancouver Convention Centre.

Vancouver’s Counterpath (TSXV:CCV), which sells desktop and mobile VoIP software, won a 2012 Technology Impact Award in the category Team of the Year for its work with Rogers on the Rogers One Number project.

Counterpath CEO Donovan Jones said: “This project represents the new world of telecommunications that is indicative of what operators need to do in order to be competitive in a marketplace threatened by Skype and other Internet over-the-top services, and it has created a call to action for other operators worldwide who are recognizing that to stay relevant, they have to adapt. It has been a fantastic experience working with the Rogers team and we look forward to our continued partnership.”

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Launched in February of this year, Rogers One Number uses Counterpath software to integrate a subscriber’s mobile number with with a desktop softphone that includes email and text messaging. The product was made available free of charge to existing customers. Rogers, like all North American wireless providers, is losing customers. Many have tried to offer additional services to clients; in the US, AT&T offered free mobile to mobile calls for subscribers.

Rogers monthly churn rate, the term used by the industry to measure customer loss, stood at 1.23% for prepaid users in Q1, 2011, and rose to just 1.26 in the first quarter of this year, beating many of its competitors.

Counterpath was founded in 2002, and came to public attention in 2007 when telecom legend Terry Matthews became its Chairman, a role he maintains today. After years of building out its suite of patented softphone products such as Bria and X-Lite (which became the most popular free softphone in the world in 2009 when it reached 340,000 downloads a month). Counterpath’s recently reported Q2 numbers were a record $3.5-million, 35 % better than the $2.6-million it reported in the same period last year.

Shares of Counterpath, which have been on a tear since February, closed today even at $2.60.

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