VoIP - cheap internet telephony
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VoIP (Voice Over IP) finally reach out to millions of homes to offer big savings in phoning costs.
VoIP convert voice into data, transmit it over the Internet, and converting this data into a voice stream.
It is cheaper than traditional telephones, just using computer or a VoIP-ready phone and Internet connection to make calls.
Rising popularity of internet calls, expansiveness of traditional phone systems, caused that Voice Over IP prices become lower and lower.
At this days voice over internet protocol technology can make savings about 40% on all calling expenditure, but there is space for next reductions.