May 17, 2004

The New York Times > Business > Ventures Aim to Cut Cost of Overseas Cell Calls to Pennies

One more nail in the PSTN coffin.
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"To use the Skype technology, both the caller and the recipient need the software. But the company plans to make it possible for callers to reach people outside the Skype network. Niklas Zennstrom, Skype's chief executive, said Internet technology eliminates any price difference between calls traveling one mile or thousands of miles. "The concept of national borders," Mr. Zennstrom said, "is disappearing because on the Internet there are no borders."
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