A conference call (sometimes called an audio teleconference or ATC) is a telephone call in which someone talks to several people at the same time. The conference call may be designed to allow the called party to participate during the call or set up so that the called party merely listens into the call and cannot speak.
The more limited three-way calling is available (usually at an extra charge) on home or office phone lines. For a three-way call, the first called party is dialed. Then the hook flash button (or recall button) is pressed and the other called party's phone number is dialed. While it is ringing, flash/recall is pressed again to connect the three people together. This option allows callers to add a second outgoing call to an already connected call.
Companies commonly use a specialized service provider who maintains the conference bridge, or who provides the phone numbers and PIN codes that participants dial to access the meeting or conference call. These service providers can often dial-out to participants, connecting them to call and introducing them to the parties who are on-the-line. The operators can also take additional information such as question and answer details and also enable and disable advanced conferencing features such as muting lines, muting participants and enabling a recording feature. An operator can often be summoned to conference call hosted by a service provider using a combination of keys on a users' (sometimes only the moderator) telephone keypad. The most common recall function is *0. (asterisk and the zero/operator key)
Conference calls are used by nearly all United States public company to report their quarterly results. These calls usually allow for questions from stock analysts and are called . A standard conference call begins with a disclaimer stating that anything said in the duration of the call may be a forward-looking statement, and that results may vary significantly. The CEO, CFO, or investor relations officer then will read the company's quarterly report. Lastly, the call is opened for questions from analysts.
Conference calls are increasingly used in conjunction with web conferences, where presentations or documents are shared via the internet. This allows people on the call to view content such as corporate reports, sales figures and company data presented by one of the participants. The main benefit is that the presenter of the document can give clear explanations about details within the document, while others simultaneously view the presentation. Care should be taken not to mix video and audio source on the same network since the video feed can cause interruptions on sound quality.
Business conference calls are usually hosted or operator-assisted, with a variety of features.
Conference calls are also beginning to cross over into the world of and , which in turn fosters new kinds of interaction patterns. Live streaming or broadcasting of conference calls allows a larger audience access to the call without dialing into a bridge. In addition, organizers of conference calls can publish a dial-in number alongside the audio stream, creating potential for audience members to dial in and interact.
In November 2011, the Federal Communications Commission (FCC) published a 732-page Order on InterCarrier Compensation (ICC), including rules governing revenue sharing. Citing Section 251(b)(5) of the Telecommunications Act of 1996, the FCC mandated that terminating access rates for all calls (not just conference calls) be leveled in 2012 and 2013, then reduced in three increments over the subsequent three years until they reached $0 in 2017. FCC Releases Connect America Fund Order, Reforms USF/ICC for Broadband, pg 215 These mostly sub-1 cent charges are replaced with an access recovery charge (ARC) that is added onto every customers' bill by their phone carriers. In other words, every phone company will get to keep the terminating access charges they had to pay out to connect each call while charging consumers more whether they make calls or not. This order has been challenged at the Federal Appeals Court by several parties.
As for revenue sharing, the order adds a measure for high volume call traffic which triggers an immediate terminating access charge reduction to the lowest rate of any carrier in that state.
In the United Kingdom, the 0870 prefix was originally used by UK-based free conference calling providers in order to receive a rebate from every call from a telephone company that owns the number. However, in April 2009 Ofcom, the independent regulator and competition authority for the UK communications industries, announced that the rebate that is payable to the telecom's supplier when an 0870 number is used would be removed. Systems were soon moved to 0844 and 0871 prefixes in order to retain the revenue sharing arrangement, this means that whilst you wouldn't pay the conference call provider directly, you would dial an expensive premium-rate number to access your conference call.
Recently in the UK, a very small number of conference call providers have begun to use 03 numbers, which are included in bundled minutes under Ofcom regulations. This has provided the option to hold conference calls without any costs whatsoever, as call are included in the minutes bundles provided by most UK network operators. There is a general trend for companies in the UK to more to 03 numbers for inbound services because these numbers are more palatable to the caller.
In the UK, there are conference services offered on a basis where the cost of the phone calls (using 0843/0844, or 0871/0872 non-geographic revenue sharing numbers) from each of the participants covers the cost of the conference service. With this service type there is no monthly charge and usually no contracts to sign.
Large telecommunications providers such as AT&T, Embarq (formerly Sprint), Verizon and other large to medium conferencing service providers maintain a dominant position in the conferencing niche; servicing many of the world's biggest brands. However, the Internet and improved global VoIP networks have helped to significantly reduce the barrier of entry into this niche.
In the case of free conference calling, the conferencing company strikes an agreement with the local phone company that hosts the conferencing bridge (equipment connecting lines) to receive a share of the terminating access charge received for connecting the call. At large carriers such as AT&T and Verizon, they keep these access charges for their own conferencing services in addition to charging the customer for the conference service. With free conference calling, as mentioned above, there are no organizer fees so these services do not double-dip: the consumer pays for a regular call with the same three components – origination, transport, and termination – of any call. In other words, the call costs the same as any other call under the customer's calling plan, but the conferencing is included for free to the host and participants of the conference call.
A distinct difference between sound quality of paid and free conference calls has been noted by customers who have claimed to hear background noises when using the free conferencing services, which rarely happens on paid conference calling services.
Premium conferencing feature sets include:
Costs
Flat-rate
Prepaid
Free
Premium-rate
Standards
See also
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