The company invested in new teleconference hardware.
teleconferencenoun
A meeting or conference held via telecommunications technology, allowing participants in different locations to communicate and collaborate in real-time.
The team held a teleconference to discuss the project updates with the remote offices.
teleconferenceverb
To hold a conference or meeting using telecommunication technology, especially video conferencing.
The team decided to teleconference with the overseas office to discuss the project updates.