This document discusses the rise of VoIP and its impact on traditional telecom operators. It notes that global telecom revenue is declining due to competition and commoditization. Traditional international phone calls are also declining as more traffic is routed over the internet. It also discusses new entrants like Apple, Google and Skype providing video calling services. While VoIP provides cheap international calls and free calls between users, mobile VoIP quality is still a concern. The document recommends that operators work with regulators to liberalize markets and support VoIP deployment to take advantage of new opportunities rather than try to block mobile VoIP.