Technology Futures

AT&T saves $250 million by using VoIP

Submitted by acohill on Wed, 05/12/2004 - 12:13.

Om Malik reports that AT&T has saved more than $250 million dollars in the past four years by routing phone calls over the Internet instead of the switched telephone network. In a classic counter-attack, the phone companies that did not get to switch AT&T's calls are suing the company for lost revenue--apparently they think they have a "right" to make other companies use their antiquated systems.