WhitePages states on their blog that they’ll use Snapvine’s technology to provide their users with free, private voicemail boxes. In addition, WhitePages will roll out other features such as email and SMS services.

I think this signals that WhitePages.com will be pursuing community development as an ongoing strategy to maintain and build their traffic. This could be a really strong strategy — encouranging community engagement could drive up usage and associated ad revenues considerably for the residential listings directory. WhitePages.com also offers yellow pages directory service through a partnership with Idearc’s Superpages.com.

Considering the rise of Twitter and other mobile phone services, VOIP applications like Snapvine could be poised to be the next big thing.

The Seattle Post-Intelligencer reports that the deal likely comes in below previous valuations for Snapvine.