The company is confident that it would meet the user demands
As the new wave of COVID-19 infections led authorities to
impose tighter restrictions, people are looking for ways to stay in touch with
their loved ones.
One of the most used apps for remote communication, ZOOM is getting ready for
the holiday season. The company announced that over the winter holiday it would
remove the 40-minute limit for people who do not pay the service. This concession
will make ZOOM compete against Skype, Google Meets, FaceTime,
WhatsApp, and Messenger.
According to ZOOM, it expects Christmas Day to be its busiest
ever in terms of calls. Moreover, the company is confident that it will meet
the pandemic-induced demand as one of its spokespersons said, “We operate our
own global (co-located) data centers around the globe, providing significant
control and flexibility when it comes to routing both audio and video traffic.”
“In addition, we work with public cloud providers to help with increased
demand.”
The news was beneficial to Zoom, as its stock price traded
3.40% higher.
Sources: cnbc.com, finance.yahoo.com
