SPOTLIGHT: Vyke switches on WiFi VoIP

UK WiFi VoIP player,Vyke, has launched its commercial mobile service. The service will offer free access to Vyke's mobile VoIP service from any of 9,500 UK and European "Cloud" hotspots. The announcement prompted another sharp rise in Vyke's share price with stock rising 10p to 120½p. One analyst, Mike Jerem, of Daniel Stewart, has a 500p price target.

Reacting to the price movements the Company said expected to announce figures for Vyke IP-based customer accounts to reach in excess of 1,250,000 by the end of 2007. Vyke recently acquired Target, a UK VoIP facilities based service provider. Release