Skype is the most popular and widely used VoIP client for online conversations. Skype can be installed in Fedora via Terminal using dedicated repositories so that each time when a new version releases you don’t have to download the package. Instead you can update your existing installation.
Installation :
Open a Terminal and type :
su
gedit /etc/yum.repos.d/skype.repo
This will open the gedit text editor with a blank window, where we have to type the following :
[skype]
name=Skype Repository
baseurl=http://download.skype.com/linux/repos/fedora/updates/i586
enable=1
gpgcheck=0
gpgkey=http://www.skype.com/products/skype/linux/rpm-public-key.asc
Now save the gedit window and close it. To install Skype go to Add / Remove Software, search for skype and select the package to install and click on Apply. Instead you can also do this by typing the following command on Terminal :
yum install skype

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Totally worked on F16, thanks