Meaning "sound over distance," it is the end user terminal in a telephone network. It may refer to a desktop unit, portable wireless unit or cellphone.
In 1876, Alexander Graham Bell's words, "Mr. Watson. Come here! I want you!" ushered in the age of telephony. See
POTS,
PSTN and
telephony.
A Century Ago
At the turn of the 20th century, people were "communicating over the wire" with instruments such as this Blake wall phone. (Image courtesy of Nortel Networks.)