Verizon and AOL on Thursday each unveiled new Internet-based phone plans. Verizon will charge just $29.95 for unlimited calls; AOL's monthly fee is $29.99. While these two giants duke it out, they will also face competition from cable companies like Comcast, telcos such as SBC, and startups Vonage and even Skype. Call it the Internet phone wars.

This is all good news for small businesses, who, as long as they migrate to VoIP, will see their phone bills diminished -- sometimes by half. Meanwhile, IT providers across the board are stepping up their services for small businesses, including VoIP, meaning not just lower prices but better products and services.

For more information on whether Internet-based phone service is right for your business, and to make the most of this move, check out Inc.com article "VoIP: Is It Ready for Primetime?" in the SBC Internet Strategies Center.