Opus is a lossy audio coding format developed by the Xiph.Org Foundation and standardized by the Internet Engineering Task Force, designed to efficiently code speech and general audio in a single format, while remaining low-latency enough for real-time interactive communication and low-complexity enough for low-end ARM3 processors. Opus replaces both Vorbis and Speex for new applications, and several blind listening tests have ranked it higher-quality than any other standard audio format at any given bitrate until transparency is reached, including MP3, AAC, and HE-AAC.
GSM 06.10 Lossy Speech Compression. A lossy format for compressing speech which is used in the Global Standard for Mobile telecommunications (GSM). It’s good for its purpose, shrinking audio data size, but it will introduce lots of noise when a given audio signal is encoded and decoded multiple times. This format is used by some voice mail applications. It is rather CPU intensive.