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We’ve been getting some questions about this, so wanted to clarify: Lync Online meetings are currently limited to 250 participants.
However, as announced last November, Microsoft intends to increase the Lync Online meeting size to 1,000, bringing it in line with what’s available now for Lync Server customers. For details, see Microsoft Lync Server 2010 Support for Large Meetings.
The exact timeline hasn’t been determined, but the engineering and operations planning necessary to support large Lync Online meetings is already in progress.
As soon as we know more, we’ll let you know.