Via ITU Newsblog

According to the a Yankee Group survey, IP convergence is forcing European telecoms operators to re-evaluate market strategies and move away from their traditional cash cow voice services and circuit-switched networks to packet-based infrastructures. Amongst the 25 incumbent and alternate operators surveyed across 16 European countries, two thirds of operators expect traditional voice services to account for less than 50 per cent of their revenue by 2006.

Read it at The Register.