What Is VoIP Internet Phone Service?
From Baron’s Magazine Meet VOIP, the hot new technology that promises to cut your phone bill & change the way you communicate (never mind the geeky name). This technology is about to rock a $750 billion a year industry. VOIP promises cheap rates by shipping calls on the internet. VOIP is a froth on a vast wave of change that has begun to engulf the telecom world. It’s clear that VOIP is at an inflection point. The economics & features are too compelling for VOIP not to happen. The new technology promises to change the way you make phone calls & who you pay to handle those calls. VOIP will have an impact that will be more profound than that of either cell phones or the internet, largely because it encompasses both. The revolution is very real. The FCC Chairman believes that VOIP will irreversibly alter the world of communications. VOIP, he has said, “represents the most significant paradigm shift in the entire history of modern communications since the invention of the telephone.” VOIP
