Originally published: January 19, 2010
Last updated: January 19, 2010 - 1:55pm
[Commentary] When a crappy economy meets VoIP, cheaper IP telecommunications win, according to research from TeleGeography showing that Skype is taking market share from the international calling market.
TeleGeography found that the projected growth of international telephone traffic was almost halved in 2009 — to a mere 8 percent — while Skype's growth accelerated by 51 percent. TeleGeography also notes that over the past 25 years, international call volume from telephones has grown at a compounded annual rate of 15 percent. In the past two years, however, international telephone traffic growth has slowed to only 8 percent on an annual basis, growing to an estimated 406 billion minutes in 2009 from 376 billion minutes in 2008.
Skype is the largest long distance phone company in the world. And as VoIP grows both on the computer and on mobile devices, thanks to an ever-increasing number of VoIP apps for mobile phones, international carriers are going to find yet another source of profits eroded.
- Skype traffic continues to thrive
- Skype calls now equivalent to one-third of global phone traffic
- Skype is Killing it On Long Distance
- Skype is killing long distance, one minute at a time
- Internet Phone Subscriptions Up by a Third in 3 Months
- Internet traffic grows 53 percent from mid-2007
- Mobile Subs Keep on Trucking With Record Growth
- Cellcom told to stop blocking VoIP in Israel
- A visual guide to undersea cables and their $5.5 Billion price tag
- Global Wireless Growth Is Slowing
- The end of landlines: No phone numbers and no international calling charges
- Guess what? Bandwidth is getting cheaper
- Econ 101: Competition lowers broadband costs
- Happy birthday, Skype. In 9 years you changed telecom
- Asia takes the lead in the 4G market