It depends on the network topology. 10 Base-T (10 megabits) uses four wires, 100 Base-T (100 megabits) uses all eight wires. So if you use 10 Base-T, you can use the other four wires for phone. It is not recommended, but if you have no other choice you should be just fine. As far as speed goes 10 Base-T is still blazingly fast, so I wouldn't lose ANY sleep over it.