| Owning your own phone in the past would be out of | | | | routing software the lowest bidder gets to terminate |
| the question for many let alone one person. Well with | | | | that call and share in the revenue. Well even starting a |
| the deregulation of the telecoms industry many phone | | | | Inter-Exchange Carrier can be costly. |
| companies were started some are still here, some are | | | | This is where owning your own phone company |
| gone and new ones are starting everyday. What if | | | | becomes possible because of the Internet. The |
| you could own a phone company, would you? Well | | | | Internet has changed the way phone calls are carried |
| the technology is here for you to own your own | | | | using VOIP technology. With Internet access and a |
| phone company, you just have to plug in and get paid. | | | | unlimited local phone connected to a device you can |
| First of all the long distance phone industry is a | | | | have your own phone company. The new direction is |
| multi-billion dollar industry so it is not like some new | | | | that it is not necessary for inter-exchange carriers to |
| market has to be created the market is already there. | | | | house all of the equipment so by selling connection |
| What happens is when ever a phone call is made | | | | device to the entrepreneurs and sharing this passive |
| someone has to pay a termination fee so there are | | | | and residual income with them for the use of their |
| companies that bid to terminate phone calls and share | | | | Internet access and a dedicated unlimited local phone |
| in the income generated by that call. Example when | | | | line they will be able to out bid all of the other |
| you call someone you may hear several rings where | | | | inter-exchange carriers. Simply by allowing |
| as the receiver of the call may only hear one or two | | | | entrepreneurs the opportunity to share in this |
| rings. Well what is happening is Inter-Exchange Carriers | | | | multi-bullion dollar industry for plugging in their connection |
| are bidding to terminate that call and through least cost | | | | device. |