Free VoIP might not lead to profits

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Big Telecom has been rattled by the advent of Internet phones, especially following the roaring success of the Luxembourg-based Voice over Internet Protocol provider Skype over the past few years. Yet while Skype has cashed in on its success by being bought out by online auction house eBay for $2.6 billion, there is growing concern among industry analysts that while VoIP might be a great service for users, it may not actually be a very profitable business, at least for now.


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All News summaries for June 29, 2006