VOIP is an acronym for Voice Over IP, or in more common terms phone service over the Internet.
If you have a reasonable quality Internet connection you can get your phone service delivered to you through your Internet connection instead of from your local phone company.
How does it work?
VoIP can turn a standard Internet connection into a way to place free phone calls. The practical upshot of this is that by using some of the free VoIP software that is available to make Internet phone calls, you are bypassing the phone company and international\charges entirely.
VOIP Bandwidth
VOIP Bandwidth consumption naturally depends on the codec used.
When calculating bandwidth, one can't assume that every channel is used all the time. Normal conversation includes a lot of silence, which often means no packets are sent at all. So even if one voice call sets up two 64 Kbit RTP streams over UDP over IP over Ethernet (which adds overhead), the full bandwidth is not used at all times.
Codec BR NEB
G.711 64 Kbps 87.2 Kbps
G.729 8 Kbps 31.2 Kbps
G.723.1 6.4 Kbps 21.9 Kbps
G.723.1 5.3 Kbps 20.8 Kbps
G.726 32 Kbps 55.2 Kbps
G.726 24 Kbps 47.2 Kbps
G.728 16 Kbps 31.5 Kbps
iLBC 15 Kbps 27.7 Kbps
BR = Bit rate
NEB = Nominal Ethernet Bandwidth (one direction)
