Voice and video calling software application Skype has revealed its upgraded version for Android phones. The updated version has been introduced with Skype video calls characteristic.

Android users can make video calls using Skype’s credits at a cheap rate. The new version is expected to compete against Apple’s FaceTime.

Skype’s updated version, unlike FaceTime, will let users make video calls over both Wi-Fi and 3G networks, which will make video and voice calling accessible from anywhere.

Skype, previously, had offered its services for Apple’s iOS platform, and the services was available for the users of iPod Touch and iPhone 4 only.

Skype, however, has announced that the software, initially, will be restricted to only selective Android devices like Google Nexus S, Sony Ericsson Xperia neo and pro and HTC Desire S, according to an ITProPortal report.

Microsoft acquired Skype for $8.5 billion in May 2011, that marked a 300 percent increase in company's value since eBay’s hold on the company.