Bob is on the phone

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Hello
Bob is on the phone..
Which one is the correct pronunciation? I want a dialy pronunciation not word by word.
babizon the foun
babz on the foun
bab izon the foun
How to say it AmE and BrE?

Thanks a lot

[raindoctor]

Well, ya need to consider another phenomenon: /th/ deletion in phrases like "on the phone"

[Over the top]

Thanks. I am still wait the answer. which one is the correct?