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Definitions of telephone conversation. a conversation over the telephone. type of: conversation. the use of speech for informal exchange of views or ideas or information etc.
Used in business letters to refer to an earlier letter, conversation, meeting, etc.: Further to our recent telephone conversation, we are writing to confirm details of the forthcoming conference. (Definition of further to from the Cambridge Business English Dictionary © Cambridge University Press)
The phrase 'reference to our telephone conversation' is correct and usable in written English. You can use it when you are writing about a telephone conversation that you had with someone. For example, "In reference to our telephone conversation last week, I am emailing to confirm the details of our agreement.".
"As per our conversation" means that you're addressing a previous discussion you had with a colleague. It typically refers to a specific idea that came from that conversation. There are several ways you can use this phrase to convey different meanings.
Pursuant means ?in ance with? and pursuance refers to the execution or carrying out of something. ?Pursuant to? and ?in pursuance of? our conversation are used when an action follows as a result of a discussion.