We're Skyping at a record-setting rate—are phone carriers doomed?
More and more people are using Skype to communicate with one another—and it's reaching a record level.
Data released Wednesday from TeleGeography reveals that international telephone traffic in 2012 tallied 490 billion minutes—a jump of 5 percent since 2011. Migration, increased usage of mobile phones in developing countries, and reductions in international calling plan prices are the impetus for the growth.
Now, new research reveals that Skype usage now equivalent to more than one-third of international phone traffic. Of that, "cross-border Skype-to-Skype" traffic rose 44 percent, to 167 billion minutes. "This increase of nearly 51 billion minutes is more than twice that achieved by all international carriers in the world, combined," the firm said.
Despite three-fourths of the population using traditional telephone companies, it's not increasing at a "stunning pace" like Skype and other VoIP services are. "The pressure on carriers will continue to mount in the coming years," the firm said.
Competitors to telcos aren't limited to Skype either. The mobile marketplace is flooded with companies like Whatsapp, Google Voice, and even Facebook, all looking to snap-up the lucrative sector.
However, a TeleGeography analyst told Ars Technica that Skype's domination continues to impress them for no longer being a start-up.
“We would expect that the growth rate would be tailing off over time. The very high sustained growth rate is pretty remarkable," said analyst Stephan Beckert.
Photo via Reg Natarajan / Flickr
Armory builds Iron Man a suit worthy of the Norse gods
Tony Stark would be the most stylish hero in Asgard with this leather armor.22k
Homeless man plays best cover of Styx's 'Come Sail Away' you've ever heard
Are we sure this isn't really Dennis DeYoung?18k
Dudes build huge real-life gundam so the U.S. can fight Japan in a giant robot battle
Japan, you have one year to name the battlefield.17k
The great Reddit meltdown has begun
Winter is coming to the Front Page of the Internet.
The 3 biggest questions heading into the ESL ESEA final
The first edition of the ESL ESEA Pro League is coming to a head this weekend with $250,000 on the line.27