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Teleconferencing broadly means an electronic mode of communication, where more than two people can hold conversation at a time. The participants, who are taking part in the teleconferencing, can be present anywhere around the globe. This one is the very basic modes of communication of the various MNC’S who have got their operation spread in a number of countries ;with their head office being located in a specific country. Teleconferencing is further divided into two categories; Firstly the audio teleconferencing, which is done with the help of a telephone. The second type is live video conferencing, where connection is established with the help of the internet.

Teleconferencing has now become very popular. As per the latest data available, many countries companies have saved billions of rupees by making judicious use of this technology; by cutting down business travel related expenses .Teleconferencing had indeed reduced the communication related expenditure by almost fifty percent. Teleconferencing has increased the overall productivity of the employees. As they do not have to take pain travelling long distances in order to hold meetings with the client physically. Also, if any of the board members is absent during live teleconference, then you can easily get an update about that particular meeting by going the recorded copy of the same.