This is what you are experiencing:
http://www.cisco.com/en/US/partner/tech/tk652/tk653/technologies_tech_note09186a00800ae2d1.shtml
In addition to what the document asys note:
- The most effective way to eliminate that, and get all the advantages of a digital connection, is using ISDN BRI instead of FXO.
- Unless you are in north america, "groud start" will not be available to to you. The only method independent from telco, is "tone detection disconnect".