‘Yahoo! Inc. plans to allow computer users to make and receive calls from phones at rates that undercut eBay-owned rival Skype and are significantly below traditional phone companies.

Yahoo said Wednesday a new version of its Yahoo Messenger text, voice and video communications software to be introduced in the next few days will include “Phone Out,” with low per-minute charges for calls from computers to phones, and “Phone In,” a low-cost subscription service for phone callers to call computer users.

The world’s largest Internet media company said it plans to charge one cent per minute to Yahoo Messenger users calling the United States from, say, Russia, or anywhere else in the world and 2 cents a minute to call 30 other countries including Australia, China, France, Germany, Italy, Japan and Korea.’

Read more at Yahoo! to Undercut Skype on Phone Rates

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