VoIP is the New POTS

Note: Interesting article, it blows my mind that 1 billion people are using the internet today.

Voice over Internet Protocol is about to become Plain Old Telephone Service. By every financial, operational and cultural metric, VOIP is on the way to replacing the switched circuit telephone system as the standard communications medium.

Consumers and businesses now expect services from their digital mobile telephones and the Internet that the old telephone system cannot provide. Investment is pouring into advanced IP technologies, not old telephone systems. As a result, the contest between switched circuit telephony and VOIP is almost over; VOIP will be the clear winner. The new battles will be between owners of infrastructure and VOIP service providers and among application developers.

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