VOIP is nothing but Voice over IP. As using the conventional phone, calling long distance or overseas, your call uses various laid out cables all over the world and with fiber optics, it is like sending messages at the speed of light across a very long distance. And who ever put the cables into place has a very large investment and you should be able to see the reason of the cost of making a long distance call.
In the Internet age where majority of computers are still basically connected pretty much in the same way, using the same cables from the same companies, they are on a larger bandwidth, where fast streaming of data can be done. So if this can be done, this is where VOIP was born, simply passing voice over the Internet. And more and more applications are jumping into the technology from your common instant messaging software to PC to phone and phone to PC applications such as Skype and Vonage as a few of the popular ones.
I guess what makes other VOIP companies more popular than others depends on how much they put in their advertising campaign. And once you dominate the market, even independent support groups come out such as the Vonage Forum.
For IM users, I seem to find Google Talk and Yahoo Messenger very promising. Who knows maybe one of them will buy someone one day. Skype or Vonage or others.
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