Although Voice over IP (VoIP) also known as IP Telephony (IPT) has been in existence for many years, it has only recently begun to take off as a viable alternative to traditional public switched telephone networks (PSTN). Interest and acceptance has been driven by the attractive cost efficiencies that organizations can achieve by leveraging a single IP network to support both data and voice over their Internet or intranet. The thesis explains the fundamentals of a VoIP Service Provider (based on SIP protocol), focusing on the functions and components that make a VoIP solution. Additional requirements for providing VoIP solution in organizational environment or as a business company, offering services to others. The thesis will answer the fo...