Establishing in 2011, Fonex is a telecommunications company geared toward the needs of small to medium sized business. By helping cut the costs associated with technical utilizes, Fonex aims assist businesses in better allocating their budget on other expenses, leading to higher profitability and trimming their bottom line. By utilizing VoIP (Voice over Internet Protocol) businesses can drastically reduce their phone bill on monthly basis. VoIP involves channeling communication services like phone, fax, and voice messages through the internet, rather than a through traditional telephone network.