The Three Cloud Options for Skype for Business CloudPSTN / CloudPBX explained

With the Cloud PBX (Private Branch Exchange) with PSTN call, you can connect your business to the Public Switched Telephony Network (PSTN) and give your users a primary phone number in Skype for Business, so they can make and receive calls. A cloud PBX system is based on cloud computing technology where data is stored and transmitted over the Internet, rather than on a computer or hardware owned by the end user.
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