Internet communication network
today topped a record 100-million subscribers worldwide. ICQ is owned by
Every day, 100,000 surfers download the world's most popular instant-messaging software. And every second, the company adds another subscriber.
In May 2000, ICQ posted a record 65-million subscribers worldwide, two-thirds of which reside outside of the United States. But the 53% rise in the volume of subscribers last year points to a significant slowdown in the company's growth, which is related to growing competition with
's (Nasdaq:MSFT) instant-messaging software.
The ICQ software was developed by the Israeli company
. In May 2000, ICQ showed a 350% growth in the volume of subscribers since its acquisition by AOL in June of 1998, for $400 million.