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Showing posts with label Telecom Services. Show all posts
Showing posts with label Telecom Services. Show all posts

June 12, 2011

The Making Of Skype " Timeline and Competitors

Spring 2003: Skype is founded by Niklas Zennstr̦m and Janus Friis, two technology developers and entrepreneurs. The pair had already made their name by creating Kazaa, a peer-to-peer (P2P) file-sharing program which Рrather like Napster Рproved highly popular with PC users but provoked the wrath of the entertainment industry.
July 2004: Skype launches SkypeOut, a new service that allows Skype users to call a landline or mobile phone. Charges began at just two euro cents a minute to landlines within Europe, the US, Australia and New Zealand. The next month an Apple-compatible version of Skype was offered.

January 2005: With Skype attracting 23 million registered users during its first 18 months, analysts calculate that its popularity will soon eat into the profitability of traditional telecoms companies.

April 2005: Skype hits the 100-million downloads mark, fuelled by rapid take-up of broadband.

August 2005: Google wades into the VoIP market with its own application, Google Talk. Skype hits back immediately through an alliance with Intel, which invested an undisclosed sum in the company. Microsoft was also investing in VoIP that month, snapping up a small internet calling start-up called Teleo in an attempt to improve its MSN Messenger app.

September 2005: After weeks of rumours, eBay agrees to buy Skype for $2.6bn in cash and stock.  This buyout enabled eBay  to monetize Skype's userbase – which has doubled to 52 million since the start of the year. Others, though, suggest that the deal might prevent Skype from ever truly challenging the traditional telephone industry.

December 2005: Skype launches video calling, a service already offered by several other VoIP companies.

May 2006: SkypeCasts, which allow up to 100 people to join a single call, are created to capitalise on the boom in social networking.
January 2007: US court rejects a $4bn (£2.4bn) lawsuit which claimed Skype's underlying technology violated various patents.

October 2007: Two years on, and with little sign of integration between the pair, eBay admits that its acquisition of Skype has not been a runaway success. It takes a $900m impairment write-down – effectively admitting that it overpaid for the company.

April 2009: eBay announces plans to float Skype on the stock market. "Skype is a great standalone business, with strong fundamentals and accelerating momentum. But it's clear that Skype has limited synergies with eBay and PayPal," says John Donahoe, eBay's chief executive.

September 2009: eBay abandons the planned IPO, and instead sells a 65% stake in Skype to a group of investors for $2bn. This includes a venture capital firm owned by Marc Andreessen, the technology pioneer who created the Netscape browser in the 1990s

November 2009: Joltid takes a 14% stake in Skype, in return for dropping its lawsuits and injecting a substantial amount of capital into the firm. This left Skype's new owners holding 56%, with eBay still owning 30%.

August 2010: Skype announces plans to float on the US stock market. It also faces opposition from BSkyB over the trademark for 'Skype' in Europe.
May 2011: Skype is rumoured to be changing hands again, with Facebook and Google both reportedly holding talks with the company. Then, on 10 May, Microsoft announces its $8.5bn takeover.

Skype Competitors: Apart from the List above Some of the competitors who are perhaps not that well known

Viber due to the speed at which they grow, but they will need more than that to take on Skype.

Apple with FaceTime. With their multitude of hit devices, Apple has a lot of power to push this standard.

Tango :Another VOIP application called Tango that allows free calls to other Tango users. Tango currently runs on iOS and Android devices. It uses the mobile number as the username and registers automatically. It also synchronized with the phone book contacts.