Conference call

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A conference call is a telephone call in which the calling party wishes to have more than one called party listen in to the audio portion of the call. The conference calls may be designed to allow the called party to participate during the call, or the call may be set up so that the called party merely listens into the call and cannot speak. It is often referred to as an ATC (Audio Tele-Conference).

Conference calls can be designed so that the calling party calls the other participants and adds them to the call. In most cases, the participants are able call into the conference call themselves. They do so either by dialing into a "conference bridge" (a specialized type of equipment that links telephone lines), or by using a special telephone number set up for that purpose.

Most companies use a specialized service provider for conference calls. These service providers maintain the conference bridge, and provide the phone numbers used to access the meeting or conference call.

Three-way calling is available (usually at an extra charge) for most customers on their home or office phone line. To three way call you call the first person you wish to talk to. Then you must press the flash button and dial the other person's phone number. While it is ringing press flash again. This will put your three people together. This option allows callers to add a second outgoing call to an already connected call.

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Businesses use conference calls daily to meet with remote parties, both internally and outside of their company. Common applications are client meetings or sales presentations, project meetings and updates, regular team meetings, training classes and communication to employees who work in different locations. Conference calling is viewed as a primary means of cutting travel costs and allowing workers to be more productive by not having to go out-of-office for meetings.

Conference calls are used by nearly all United States public corporations to report their quarterly results. These calls usually allow for questions from stock analysts and are called earnings calls. 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.

Conference calls are also beginning to cross over into the world of podcasting and social networking, 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 in to 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 if and when they wish to interact.

Conference calls can also be used for entertainment or social purposes, such as the party line or a group call. People call in to a specified telephone number, and are connected to conversations with other callers. This serves as a way to talk to and perhaps, subsequently, meet new people. However, conference calls are most commonly used by businesses.

Flat rate services are now being offered which enable conference call users to have unlimited access to a conference bridge at a fixed monthly cost. Because telecommunication carriers offer free long distance bundled with local service, this alternative is gaining widespread popularity for budget conscious businesses and non-profits.

In the UK, there are conference services offered on a pay as you go basis where the cost of the phone calls (using 0844, 0870 or 0871 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.

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