It is much cheaper than a regular landline - most providers offer unlimited calling plans (including long distance) in the USA and Canada for under $10 per month. There are also some great promotional deals available such as 2 year specials that cost around $6 per month (includes all your calling). Comparing this to a regular PSTN (landline) phone service that can cost in the region of $60 per month can result in savings of over $500 per year for many home phone users. If you also regularly call International numbers you can save even more, with rates typically starting from around 1 to 2 cents per minute to many countries.

Figure out how much you’re willing to spend on your VoIP and this will help you better hone in on the company that’s right for you. Your residential VoIP should cost less than your current landline, but it’s still smart to do some price comparison and see which companies offer special deals (for instance, many companies will offer you a better rate if you sign up for a year plan rather than a month-to-month plan). Take a look at your monthly phone bill and the features you’re paying for, and compare that side-by-side with what you’d be signing up for with a VoIP plan. 

For instance, while AT&T offers landlines with unlimited phone calls for $33.99/month, with RingCentral you can get the Essentials plan, which includes unlimited phone calls starting at just $19.99 per person per month, and you can also enjoy a more extensive list of features. On Grasshopper, the introductory plan costs as little as $26/month, but that includes 3 extensions. With residential VoIP, you have a bundle of features you couldn't find with traditional landlines. Also, because of technology's continual advancements, the features continue to improve every year without a sharp rise in costs. VoIP for home use makes sense because you derive so much more value than what the traditional phone companies of today are offering.

In the interest of the Access Service Providers and International Long Distance Operators the Internet telephony was permitted to the ISP with restrictions. Internet Telephony is considered to be different service in its scope, nature and kind from real time voice as offered by other Access Service Providers and Long Distance Carriers. Hence the following type of Internet Telephony are permitted in India:[62]
Types of Services offered Home VoIP, Business VoIP, SIP Trunking, International Calling Home VoIP, Business VoIP, International Calling Home VoIP, International Calling Plans Small Business VoIP, Residential VoIP, Reseller VoIP, Hosted PBX, Home VoIP, Business VoIP, International Calling Plans Home Phone Service, International Calling, Business Phone Service
An important disadvantage of the landline is that you cannot easily scale it up or down. This is why many companies with rapidly expanding or contracting business sizes prefer VoIP because it allows enterprise management to easily add, edit or even delete user rights centrally through the control panel. It is not necessary to follow the tedious processes involved if you are using a regular landline. This makes internet phone technology significantly more suitable for large business organizations.
In 1999, a discrete cosine transform (DCT) audio data compression algorithm called the modified discrete cosine transform (MDCT) was adopted for the Siren codec, used in the G.722.1 wideband audio coding standard.[74][75] The same year, the MDCT was adapted into the LD-MDCT speech coding algorithm, used for the AAC-LD format and intended for significantly improved audio quality in VoIP applications.[76] MDCT has since been widely used in VoIP applications, such as the G.729.1 wideband codec introduced in 2006,[77] Apple's Facetime (using AAC-LD) introduced in 2010,[78] the CELT codec introduced in 2011,[79] the Opus codec introduced in 2012,[80] and WhatsApp's voice calling feature introduced in 2015.[81]
Flexible Messaging Options – There are a number of business phone service options available that make retrieving and maintaining your business messages very simple. With Voicemail Transcription, you can read the message in your inbox, or receive it as a text instead of listening to it. Let’s say a client calls you about a fax he needs, and leaves a fax number on the message. With a few clicks you can virtually send the fax as a PDF to that number.

The technical details of many VoIP protocols create challenges in routing VoIP traffic through firewalls and network address translators, used to interconnect to transit networks or the Internet. Private session border controllers are often employed to enable VoIP calls to and from protected networks. Other methods to traverse NAT devices involve assistive protocols such as STUN and Interactive Connectivity Establishment (ICE).
On 24 March 2020, the United Arab Emirates loosened restriction on VoIP services earlier prohibited in the country, to ease communication during the COVID-19 pandemic. However, popular instant messaging applications like WhatsApp, Skype, and FaceTime remained blocked from being used for voice and video calls, constricting residents to use paid services from the country’s state-owned telecom providers.[60]
^ White, C.M.; Teague, K.A.; Daniel, E.J. (November 7–10, 2004). Browse Conference Publications > Signals, Systems and Computer ... Help Working with Abstracts Packet loss concealment in a secure voice over IP environment (PDF). Signals, Systems and Computers, 2004. Conference Record of the Thirty-Eighth Asilomar Conference on. 1. pp. 415–419. CiteSeerX doi:10.1109/ACSSC.2004.1399165. ISBN 978-0-7803-8622-8.

All 8×8 plans include team messaging, HD videoconferencing, and screen sharing, you you can easily keep all your at-home team members engaged and collaborative. And contact centers that have transitioned to remote work can still enjoy features like omnichannel routing, which allows your employees to engage with customers via chat, social media, text, and phone—all in one platform.
The following table provides a high level summary of how residential VoIP service compares to other alternative solutions for home phone service. The table compares this service to a regular landline, a bundled phone service from a cable company such as double or triple play, and a cell phone service. The cell phone is included as some people decide to just get rid of their wired phone and use their cell phone for all calls. Free services such as Skype are not included as they are not effective, like for like, landline replacements in our opinion.