7 Disruptive Innovations that Changed World Market
By siliconindia   |   Friday, 14 October 2011, 01:25 IST   |    1 Comments
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3. Telecommunication Disruptor: SKYPE
Skype is a software application
Skype is a software application that allows users to make voice and video calls and chats over the Internet. Calls to other users within the Skype service are free, while calls to both landline telephones and mobile phones are charged for a fee. In the era where smartphones and iPhones are doing all the talking for people, telecommunication has got everything in its whirl including internet - sourced technology. Many companies are trying to emulate this technology by offering integrated technology and lower prices. The number of free users of Skype in 2007 was 217 million. In 2010 the number has grown to 663 million. With its unique technology, Skype is causing a threat to wireless operators as most of the money for wireless operators come from voice and text message exchange which Skype is providing for free. Till date Skype is been downloaded about 2 billion times.

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