Voice over IP (VoIP) was developed in order to provide access to voice communication in any place around the world. In most places, voice communication is quite costly. Consider making a phone call to a person living in a country half the globe away. The first thing you think of in this case is your phone bill! VoIP solves this problem and many others.
There are of course a few drawbacks attached to the use of VoIP, as is the case with any new technology, but the advantages largely outbalance these. Let's explore below the benefits of VoIP and see how it can improve your home or business voice communication.
Save a lot of moneyIf you don’t use VoIP for voice communication, then you are most certainly using the good old phone line (PSTN – Packet-Switched Telephone Network). On a PSTN line, time is really money. You actually pay for each minute you spend communicating on the phone. International calls are much more expensive. Since VoIP uses the Internet as backbone, the only cost you have when using it is the monthly Internet bill to your ISP. Of course you need broadband Internet access, like ADSL, with a decent speed. In fact, unlimited 24/7 ADSL Internet service is what most people use today, and this causes your monthly cost to be of a fixed amount. You can speak as much as you wish on VoIP and the connection cost will still be the same.
Studies have shown that, compared to using a PSTN line, using VoIP can potentially make you save up to 40 % on local calls, and up to 90 % on international calls.