Unfortunately, not. Skype allows more than 2 users if you pay.
Can you make 3 way call on skype free w/o Video?
Yes, you can.
Audio only conference calls with up to 25 users are free. However, group video calls require that at least one of the participants has Premium account.
The link to the instruction on how to set up a group audio call, in Ruwim's post, above, is still valid and includes step-by-step screen shots for you to refer to.
Update! In my instruction on how to contact Skype Customer Service , the blue "Send" button has been replaced with a green Next button, and to file a request via e-mail, we click "Send."
Online Safety Tip: Do not accept contact invitations from anyone whom you do not know.
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yes you could make a call with upto 10 people without video .
details about the same are on the following link: