Skype serves 100,000,000,000th minute

 

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By Matthew Sparkes

Posted on 21 Feb 2008 at 11:01

Over 100,000,000,000 minutes of VoIP phone calls have been made on the Skype network, the equivalent of a quarter of an hour for every person on the planet.

Since its launch in 2003, the VoIP service has attracted 276 million users, but the company has failed to fully monetise the network.

Skype was bought by Ebay for $4.3 billion in 2005, but despite the popularity of the service, Ebay last year admitted it had paid too much for the company.

The company announced it would cut up to $1.2 billion from the purchase price paid to Skype founders, Niklas Zennstrom and Janus Friis.