Meg Whitman, former CEO of eBay, once famously said that voice was going to be free. She was wrong in ponying up billions of dollars for Skype, but she was right in her assertion about voice. Thanks to European broadband service providers treating voice as a loss leader to attract triple-play customers, local voice has become almost free in Europe, according to research conducted by Telegeography, a division of market research firm PriMetrica.
In 2008, VoIP represented 26 percent of total fixed lines in Europe but brought in only 10 percent of the total fixed-line revenues. I bet a big chunk of the VoIP-related revenues are coming from VoIP-to-mobile phone calls. Mobile calls are seriously expensive in Europe, and as a result, any attempts by mobile VoIP companies such as Truphone have been met with resistance by the carriers. Read More about In Europe, VoIP Grows & Grows