October 24, 2005
Free voice calls
eBay is looking to use voice as a tool to combine its online payment, online selling, and web-based communications businesses in order to emerge as number one in all three. Meg Whitman, CEO, eBay, feels that Skype will play a major role in driving the cost of net telephony to zero. By the end of September 2005, Skype had 57 million users. Skype is expected to generate revenues of $ 60 million and $ 200 million for the years 2005 and 2006, respectively. zdnet.com reports:
Seeking to justify eBay's $4 billion purchase of Web-based communications phenomenon Skype Technologies, Meg Whitman countered criticism by a financial analyst during the company's quarterly conference call by agreeing with some of his points.
Read More: eBay chief foresees free voice calls for all
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