Hosted IP Telephony is a VoIP phone system where the provider houses, maintains, and owns the required equipment, rather than the business purchasing an on-site PBX system. With a hosted system, businesses purchase phone system services on a monthly per-user fee basis from the provider, who handles upgrades and maintenance. This allows businesses to get all the features and functionality of a PBX system without the large upfront costs and responsibility of owning and maintaining the equipment themselves. ManagedIP by TDS is a flagship hosted VoIP system that provides a total business communications solution in an all-inclusive monthly fee.