You may lose any current bundle discounts. If an introductory offer is in effect, there may be a penalty for cancelling early. Porting the number to a Bell cellular plan may prevent that or it may provide a opportunity to obtain other promotional discounts. Otherwise, it should not be an issue.
Be sure to let the new provider cancel the Bell phone. Do not do it yourself. The new phone provider will be able to secure an orderly transition of the phone number and service.
other than losing discounts there should be no problem porting out a landline, infact I am in the process of porting out my landline to a VoIP provider, just waiting for the ATA adaptor to arrive, im buying one off a friend.
Just an update. Since my Landline number was "Long Distance" to many of my family members, I decided to NOT PORT it out and simply cancel it, It is now being reserved as my dryloop number. I have since decided to simply get a NEW number for my VoIP line with the 416 area code, which is not uncommon to have in the 905 GTA region, as its still local, and my family can call me without incurring long distance
Yes it is possible. I have a VoIP Phone that I once used for a past business partnership. When I would travel, before iPhones and Blackberries and Wi-Fi were popular I would take the VoIP office phone and AC plug with me and when I arrived at my Hotel I would plug it into the Ethernet Jack at the Hotel, and I could make and receive calls as if I was still at my home office. Then my VoIP Hardphone slowly became replaced by a VoIP App on my Smart Phone/Tablet when Smart phones became more popular.