AT&T Goes VOIP

Well I guess its a landslide now. VOIP is the future of the telecomm business. Circuit switched phone calls are going the way of the rotary phone.

Today’s New York Times, give this news some good coverage.

I’ve been a big believer in VOIP ever since we made our investment in ITXC in 1998. It’s a big business already with almost 10% of all international calls going over the public Internet according to Telegeography.

Now we’ve got all these companies selling local voice over cable and DSL. I would bet that 10% of the local calls will be VOIP by the end of next year. And I’d bet that at least 90% of all calls will be VOIP by the end of the decade.

This is going to be one of the biggest technology stories of this decade.