I deleted this earlier reply as I had second thoughts about my statement that an unaided OBi110 could not be made to work. However the OBi212 would be easier. Method is essentially the same as for an OBi202 as described in
http://web.archive.org/web/20160317011451/http://www.obihai.com/docs/OBi-VoIP-Device-Attach-Legacy-IP-Phone-Workbook-v1-0.pdf _____
1. The OBi110 is no longer in production and has been replaced by the OBi212.
2. An OBi212 can do what you require. It has an FXO port to connect to an analogue telco (POTS/PSTN) line and a SIP phone can register to it.
3. An OBi110 by itself is not capable of doing what you require. It does have the FXO port but is unable to act as a SIP server that an IP phone can register to. If you have a SIP PABX (eg Asterisk, 3CX etc) then both the OBi110 and the SIP phone can register to that. The OBi can then forward incoming calls to its FXO port to the phone and vice versa as extension to extension calls on the PABX. If you don't have a SIP PABX you would need to register the OBi110 and phone with an external ITSP and forward calls via that ITSP.
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