We cover voice over Internet Protocol (VOIP). VOIP is widely used for phone systems within organizations, and is taking off in the consumer market. A recent market research report compares VOIP growth in the United States with that in Europe. Note that growth is faster in Europe and that independent companies like Vonage are growing more slowly than the VOIP offerings of cable companies in the US. Unlike their US counterparts, European telephone companies are active participants in the VOIP market.