Wednesday, June 16, 2004
AT&T has trimmed the price of its CallVantage broadband phone service from $40 to $35 a month, a move to make its Net-phone service more competitive.
The market these companies all compete in is selling VoIP (voice over Internet Protocol), a technology that enables phone calls to travel over the unregulated internet. By avoiding the local telephone companies' heavily taxed networks. VoIP calls are usually much cheaper than traditionally dialed calls.
There are about 600,000 broadband-connected households now using VoIP. Analysts project that the million-subscriber mark will be breached later this year and that there will be tens of millions of VoIP households by the decade's end.
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