Skype Goes for Broke

The Web-calling outfit owned by eBay is offering free PC-to-phone calling in North America in order to hit growth targets

Using Skype's bargain-basement phone service just got even cheaper. Skype customers can now make calls from personal computers to landline or wireless phones within the U.S. and Canada for free, instead of the usual 2 cents a minute. But what comes as great news for consumers may be a sign Skype's growth is falling short of its parent's expectations. The Web calling company was acquired by auction giant eBay (EBAY) in October for $2.6 billion.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.