Skype has been around for about five years. Skype allows people with a pc, Internet, microphone and speakers to make free calls to other Skype users and you can also pay a nominal fee to use Skype to talk to someone on a land line. With a webcam, video calls are also free. Additional features of Skype include instant messaging, file transfer and video conferencing. Oprah has used it for both nationally and international interviews on her show.
Skype was bought by Ebay in 2005, but it did sell 65% just in the last two months. It is the largest international phone call provider in the world. Skype revenues are expected to double to $1 billion by 2011. In 2008, international calls shot up by 40% compared to 2007, with 25 billion Skype to Skype free internet calls and another 8 billion paid minutes that come from Skype to land line phones. From Telegeography’s research, International call volume (of all calls) have jumped from 71.7 billion in 1997, to 343 billion in 2007. Because of Skype, profits were significantly reduced.
Skype has allowed me to keep in touch with my nieces in Texas and my cousin in London. Check it out some time! www.skype.com
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