Gizmo Goes All Calls Free...Mostly

VoIPWatch has learned that tomorrow GizmoProject will introduce their “All Calls Free” program. According to the company the "new program gives active Gizmo Project users unlimited free calling to landlines and mobile phones in 60 countries around the world. People who wish to participate simply download Gizmo Project, sign up for a free account and add their friends, family and business contacts to their Gizmo Project Contact list. Callers can then call their Contacts on their mobile phones, landlines or Gizmo Project for free. There is no cost to sign-up and the program is available to anyone. More information on this new calling plan can be found at www.gizmoproject.com/allcallsfree ."

This is a major move that has proven that the cost of calls has really dropped to zero. Now we have to see if any of the other VoIP players match this. This could be a way to generate new traffic, but I also think that this is a way for SipPhone to rapidly add new users and in turn increase its valuation which could help stir a buying opportunity for one of the major web portals, such as Fox/NewsCorp or even Google.

According to Gizmo's announcement the program includes countries such as China, the United States, Brazil, Japan, Germany, Thailand, France, the United Kingdom, Italy, South Korea, Spain, Canada, and more. Most European and Asian countries are also included. A full list of countries may be found at www.gizmoproject.com/allcallsfree. Calls to other countries not on the list, or calls to users who do not have an active status, will be billed at the standard low rates found at www.gizmoproject.com/rates.

Update-Om has some thoughts, so too has Alec, as does Engadget and Russell Shaw on this story now.
We will update this later...