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The simplest phone teleconference is a three-way call, available in many homes as a service from the telephone company. Another very simple (but not necessarily effective) method is to have two groups of people talk to one another via speakerphone. The limits of three-way calling and the sound quality of speakerphones make both of these options impractical for most businesses.

Cable television companies provide Internet and telephone services in the highly competitive home entertainment and communications market. Cable companies use Voice over Internet Protocol technologies to transfer phone calls through the cable network. VoIP services normally include local and long distance telephone services for a flat monthly fee, and often include a wide range of options including call waiting, caller ID, three-way calling and other enhanced features.

Switching your telephone to VoIP can save your business money and give you greater flexibility and capabilities in your business telephone system. This article will help you understand the different options available when you're trying to choose a VoIP provider.VoIP (Voice over Internet Protocol) can be an economical solution for small business. A virtual phone system offers a small business the advanced features of an expensive PBX (Private Branch Exchange) without the associated costs and maintenance. With a main phone number for the company and an extension for each user, it's possible to integrate telecommuters, mobile sales reps and employees in multiple office locations into one phone system that connect calls to all your employees, wherever they are.