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Gizmo
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Hello Steve,
Thats correct.
To elaborate, it not just about having the data capacity. Its actually more important to ensure its of a good quality. The three most important measures of quality in relation to ensuring a good voice quality are:

1) No packet loss, although dependent on coded up to 1% packet loss can be tolerated.

2) As little jitter as possible, preferably less than 20ms

3) As little latency as possible