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Voice over Internet Protocol (VoIP) is known with different terms like Internet Phone, Broadband Phone, IP Phone and Voice over Broadband. In fact, Voice over Internet Protocol is a term, which defines a family of transmission technologies, which use IP networks to transfer voice. Voice over Internet Protocol makes use of a fast internet connection (DSL, cable internet and satellite internet) to route calls between parties on call unlike landline service, which makes use of wires to transmit data among callers. The working of Internet Phone is different from that of a classic phone. The traditional phone service, which uses the technology of circuit switching, means calls are switched to the required lines. Whereas broadband phone is packet switching, means it transmits data packets over internet, these packets comprise of analog signals converted into digital format.

As the Internet Phone is in headings and many people are switching to VoIP service due to its inexpensiveness and other benefits. Several telecommunication companies are also trying to switch to this service. Apart from this, companies are also using the technology of IMS (Internet Protocol Multimedia Subsystem), which extends number of VoIP benefits to cellular phones. The benefits can range to

Video conferencing
Instant messaging
Voice mails
An increasing trend has been seen in people leaving landline phones and switching to VoIP as their primary line. VoIP is not confined to any particular segment or market. Its benefits extend equally to all: businesses (small or large) or individuals. There are many vendors in the market offering packages catering to the demands of particular segments, so by shopping around you can find a perfect one according to your needs. With VoIP, you can make PC-to-PC calls and PC to mobile and landline calls. While making PC-to-PC calls you are not charged anything, call as much as you want all free whereas off-net calls are also comparatively very cheap. All those having clients and contact internationally especially get tempted to it because they can cut their international calling expense to even less than half of what they are already paying to the substitute services.
The VoIP has given way to intermediaries (resellers and traders) too. They do not have VoIP infrastructure of their own rather they get lines on contracts and sale them out to small businesses and households. With this, without investing anything in setting up the whole thing, they can simply generate profits with proper marketing and appropriate VoIP service package plans. Many companies are joining this business due to many reasons, as they have actually nothing to lose in it; most of their investment is safe. They are not actually spending in any company, if a VoIP Service Company is not doing well or is facing customer dissatisfaction then intermediary is always open to the option of switching to some well-reputed company. Therefore, the emergence of VoIP has opened a new line of business in the market, which is surely creating stir.

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