Skype released a beta of version 5.0 for Windows. This beta 1 is not available for Linux or Mac.
This application will support group calling, By using this version you can make a video conference easily.
New features in Skype 5.0
* Up to 5-way group video call
* Redesigned calling experience
* Improved video snapshots gallery
* Improved browser plugins performance on some websites.
* Reduced false positives on browser plugin phone number recognition.
It also includes many fixes and changes. You can read more here.
If you are planning to download and install this version, please make sure that you read the "Known issues:" section on the page.