Bloophone, a Paris based company, was founded in February 2001 on the premise that Voice-over-IP (VoIP) technology would enable a "next generation" of converged voice-data networks and communication services that would dramatically alter the business model and operations of Service Providers (Telcos, operators, next-gen operators, CLECs, LECs, ISPs, ASPs), and trigger a revolution in voice and multi-media services for the consumer and business markets.