Phone Companies Feeling the Pinch From VoIP

BBC News: Dutch phone company KPN has announced plans to cut 8,000 jobs over the next five years after it reported a sharp drop in annual profits. More from KPN's news is a telling signal for any phone company today that internet or Skype, for instance. Even though Skype has Teleo are gathering customers as they trial their offering. (If you want to dive more into understanding what VoIP's all about, a good information resource is the KPN's CEO said: Starting in 2005, we intend to have a big push in broadband and VoIP. [...] In the all-IP world things will become simpler and cheaper, offering the opportunity to achieve significantly lower structural costs. It also means that our services can be delivered with considerably fewer people. We anticipate that annual reductions in headcount of between 1,500 and 1,750 employees will unfortunately be inevitable until 2010. Does he really believe he's got until 2010 to complete his big push? Wouldn't have thought so. Neville Hobson is the author of the popular Crayon. Visit Neville Hobson's blog: