A modem (Modulator-Demodulator) converts digital data to analog signals (modulation) and back (demodulation). Developed to transmit computer data over analog telephone lines, it was essential in the internet's early days.
1990s dial-up connections used modems to access the internet via phone lines. The distinctive "screech" sound during connection was modems negotiating (handshaking) communication protocols. Maximum speed was 56kbps - about 1/18,000th of today's fiber optic 1Gbps.
Dial-up occupied the phone line, preventing calls during internet use. "Hang up the internet!" was a common 1990s household refrain. ADSL enabled simultaneous phone and internet use.
The term "modem" persists but refers to different devices: fiber ONUs and cable modems are broadly called modems. See telephone evolution for internet connection technology history.