How the internet killed phone business
October 17th, 2005 | by A T M |
This is what VOIP (Making a voice call using internet) can do to the telecom industry ! WARNING bells.
a MUST read article from Economist.
party to witness the downfall of wired giants and the blooming of exciting new companies…
Today, VOIP calling over 3G networks is still very much a minority sport, but as 3G coverage and transmission speeds improve—something the industry is racing to achieve—it will become common. This represents a mortal danger for mobile operators. “VOIP on mobile is the first real threat they are going to face, and they are in a state of shock,” says Mr Mewawalla.
Why VOIP’s arrival never struck me so very badly ?!
