Voxbone - Can WebRTC save telephony?

For many years I have tried to keep track of how the traditional telecoms has fared against the emerging VoIP application world (what they sometimes derogatorily call “OTT”). I have had two hypotheses for several years now:

Traditional telecoms over the PSTN is past “peak” and will continue to decline
Real time communications (RTC) in general has been on the decline but is poised to make a comeback thanks to better implementations and technologies like WebRTC

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