If you thought I was a bit hyperbolic about VoIP, you should see this week’s Economist
It is now no longer a question of whether VOIP will wipe out traditional telephony, but a question of how quickly it will do so. People in the industry are already talking about the day, perhaps only five years away, when telephony will be a free service offered as part of a bundle of services as an incentive to buy other things such as broadband access or pay-TV services. VOIP, in short, is completely reshaping the telecoms landscape. And that is why so many people have been making such a fuss over Skype—a small company, yes, but one that symbolises a massive shift for a trillion-dollar industry.