"Skype has become the world's single largest provider of international calls, surpassing even incumbent telcos like AT&T. Unfortunately for the company, few of these calls generate any revenue, and corporate parent eBay grows impatient.Skype might not be performing quite as well as parent company eBay would prefer a $2.6 billion acquisition to perform, but that hasn't dampened worldwide enthusiasm for the VoIP service. Skype is so popular, in fact, that new numbers out from TeleGeography suggest that it has become the "largest provider of cross-border voice communications in the world." Take that, AT&T!
Actually, AT&T probably doesn't care, since long distance has lost some of its revenue-generating luster, but the surging popularity of VoIP no doubt keeps future-thinking execs up at nights. Skype's revenues are more modest than the big telcos, despite its usage numbers; at eBay's annual meeting earlier this month, the company said that Skype pulled in $550 million in 2008."
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