MagicJack VocalTec ( NASDAQ:CALL ) Wednesday launched its magicJack application on Apple's ( NASDAQ:AAPL ) App Store, which enables users to make free calls to numbers within the US, Canada and to all other magicJack numbers in the world.
The company also updated its estimates for 2012 to $2.00-$3.00 earnings per share before any non-recurring items, and 20-30% revenue growth from 2011 to 2012.
The NASDAQ-listed stock was up 2.4% at $22.62 Wednesday morning.
MagicJack's app is compatible with the iPad, iPhone and the iPod Touch - essentially turning it into a free mobile phone when connected to a Wi-Fi or 4G network. The app will never use mobile minutes and does not require a voice plan, the company said.
The company expects to deliver other devices and services connected with Wi-Fi and 4G next year.
MagicJack CEO, Dan Borislow, said: "I am incredibly proud of the many employees involved in building our first APP. I can't see any reason that by offering the best voice quality, free calls, ease of use, ability to use your existing contacts and free download, that we will not have tens of millions of downloads over the next year."
"Apple has the best OS and devices built for voice and I believe we have the best telephone network and software engineers to take advantage of this incredible platform."
With eight million customers having purchased the magicJack, magicJack VocalTec is currently the fastest growing telecom company in North America, it said.
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