This article explains how to set up a free conference call on Skype. Up to 50 people can participate in a video or audio group call at the same time.
How to Hold a Skype Conference Call
Any registered Skype user can join a conference call. The host of the conference call, who initiates the call, must invite the contacts to the call. Once they accept, they are in.
To start a conference call and add people to it:
Select one of the contacts you want to add to the conversation. It can be anyone in your contacts list.