The technology exclusively relies on the use of Internet, which also allows file-sharing. Skype is a telecommunications application software which provides voice and video communications via computers, tablets and mobile phones. In 2005, Ebay acquired it for 2.5 billion USD, and the rise of the venture kept going until its acquisition in 2011 by Microsoft for 8.5 billion USD. Founded in 2003 by a tandem of Danish and Swedish entrepreneurs, the software was conceived by a team of Estonian engineers. Let’s have a closer look at the “Skype success story”, understand its operating model and assess the strength of its competition.īefore taking off and populating every global citizen’s desktop and phone in the world, Skype was a small scale Scandinavian venture. Yet, this revolutionary software cost nothing to not much for the majority of the company’s giant user-base, and many more recent players are fiercely competing today against Skype.

The years 2000s would have been tremendously different without the existence of Skype – and many long term friendships and romantic relationships would have been properly impossible to be. Nowadays, no one would dare questioning the planetary dimension of Skype or its considerable – if not existential- added value for human interactions across the globe.

Skype online number price increase