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What is Internet Service Provider?
An internet service provider is a company that supplies its customers access to the internet.
See ISP
Common Internet Service Proviers: Earthlink, Verizon, Comcast, AOL, MSN, Adelphia, Bell Atlantic (now Verizon, unfortunately), Cox, Road Runner, NetZero, Joi, Juno, People PC, etc.
Internet Service Provider - video
Internet Service Provider - what is it?
The satirical term mocking the annoying cold caller telesales people and companies involved who outsource western based companies call centres to India as a money saving practice.
These call centres will often ring you up uninvited and attempt to sell you a product, such as an internet service even though they don't have a firm grasp of the English language.
The phrase can also be attributed to the UK television show Fonejacker, who impersonates such a person as a prank caller.
Ring ring...
"Hello, I'm calling to see if you would be interested in switching your internet service providings from your current providings to a new providings?"