Let's review the concept of teleconferencing...
I am a member of a mailing list. The following message was posted to the list a few days ago (see excerpts; emphasis mine):

I would like to extend a special invitation for you to participate in
the 25th installment of International Biometric Group's "Biometric
Business and Technology" monthly teleconference series this Thursday,
April 8, at 1pm ET....

The call will take place on Thursday, April 8 at 1:00 pm ET (10:00 am
PT). There is no charge to join the call, which will last up to an
hour, and participants will have the opportunity to ask questions....

A follow-up question was subsequently posted to the list:

who will pay the travell [sic] expences [sic] ?

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