post for 5/23/05

I expect VoIP to impact telephone and cable networks in creating another set of competition to deal with. As VoIP is more widely used over time, and with the added features it provides within the costs of just using VoIP versus having added charges for certain features on a regular telephone plan, VoIP is likely to become cheaper, adding competition to the market. This could also lead to creating a closer community with a cheaper option for making long distance phone calls. Since it also has a greater level of efficiency, this could lead to a preference for VoIP and there is easier use of the whole picture with conversation idea. Hopefully as VoIP becomes more popular, there aren’t too many restrictions as to discourage use so telephone companies can keep their monopoly over the market and keep costs high.