We probably remember grandma's rotary phone that’s now considered an antique. Moving into the 21st century, your company is most likely using or planning to use voice over IP, or VOIP technology. This cost-saving version of the telephone presents exciting technological possibilities, yet poses serious global regulatory pitfalls for the unwary. This panel is directed at the essential strategies, tips and traps that in-house counsel –– at both current and future VOIP-enabled customers, service providers and technology licensors should know. IT counsel, telecom practitioners and those responsible for regulatory and general corporate legal matters should find this panel to be of great interest, and the lessons learned will be applicable to other technologies and services deployed on an international scale.