if the modem truly works for data then voip should work but the speed of data transfer is the biggest hurdle you fast.
try the linux edition of skype and test call.
2) check out hw that works with asterix
http://trixbox.org/wiki/hardware-support
3) then look at your data transfer rates....use a web based test site if you do not know
www.testmy.net if you do not have a local one.
4) best quality codecs also have to work with your other calllers.
Codec.................Bandwidth Usage (Up/Down)
G.711 (64 Kbps).......87.2 Kbps
G.729 (8 Kbps)........31.2 Kbps
G.723.1 (6.3 Kbps)....21.9 Kbps
G.723.1 (5.3 Kbps)....20.8 Kbps
G.726 (32 Kbps).......55.2 Kbps
G.726 (24 Kbps).......47.2 Kbps
G.728 (16 Kbps).......31.5 Kbps
GSM (7 or kbps).......low
ILBC (15 Kbps)........27.7 Kbps
and I think US like G771 and I doubt you have the transfer rate.
5) a nice gen info
http://www.ozcableguy.com/voip.asp