A story out of New Zealand has lots of why the telcos should be scared.
As I read this type of stuff about Skype and other P2P technologies, I can’t help but think of the early days of ICQ….and that Skype is to Voice what ICQ was to one on one and group chat.
Andy,
Interestingly Telecom NZ recent dropped their peak rate dramatically. In a market with little real competition the consumers can be expected to be gouged and similarly for ADSL lines. Similarly if Skype catches on and solved the “handset” problem with a landline interconnect, Telecom NZ would see its profits dive.