Skype-like Services Identified as Primary Cause of Declining Revenues

12 March 2007

Oracle released the results of a global Communications industry survey, conducted on its behalf, by the Economist Intelligence Unit, revealing that over 80 percent of industry executives believe that voice calls will no longer make-up the primary revenue source for communications carriers within six years. Furthermore, over half of the senior executives questioned believe this will happen within the next four years, emphasizing the need for operators to immediately identify and develop new revenue streams to avert steep declines in their business.

Survey results show that world-wide, executives believe that new on-line Voice over IP (VoIP) services, such as Skype, are the greatest threat to the fixed line revenues with 68 percent of respondents identifying VoIP operators as the primary cause of declining revenues.

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