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Bidding for 800 telecommunications traffic
| Details |
Inventors: Johnson, Jack J.; Coyle, William F.;
Assignee: Summit Telecom Systems, Inc. (Summit, NJ)
Primary Examiner: Nguyen; Duc
Assistant Examiner:
Attorney, Agent or Firm: Friedman; Allen N. McCarter & English, LLP
The herein disclosed auction service stimulates competition between service providers to carry 800 Customers' traffic and facilitates the 800 Customer's ability to make economic choices between telecommunication carriers. In this method and system, telecommunication switches route toll-free calls (e.g., calls dialed using an NPA of 800 or 888 in the United States and, typically, paid for by the called party, the 800 Customer) in accordance with economic incentives (e.g., least cost routing) resulting from an auction process between participating telecommunication carriers ("Carriers"), administered by a bidding service provider through operation of a central processor, a computer referred to as a bidding moderator (the "Moderator"). The Moderator provides each Carrier with bid information from other Carriers for at least a portion of all point-to-point routes for which any Carrier has submitted a bid. The Carriers receiving the information will have the opportunity thereafter to submit a lower or higher bid for any point-to-point routes on which they wish, respectively, to stimulate or discourage additional traffic. |
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DETAILED DESCRIPTION The herein disclosed invention stimulates competition between service providers to carry 800 Customers' traffic and facilitates the customer's ability to make economic choices between telecommunication carriers.
In this method and system, telecommunication switches route toll-free calls (e.
g.
, calls dialed using an NPA of 800 or 888 in the United States and, typically, paid for by the called party, the 800 Customer) in accordance with economic incentives (e.
g.
, least cost routing) resulting from an auction process between participating telecommunication carriers ("Carriers"), administered by a bidding service provider through operation of a central processor, a computer referred to as a bidding moderator (the "Moderator").
In this arrangement, each of the Carriers transmits to the Moderator the rate it is willing to charge (or other economic incentive it is willing to offer) for service between two specific switching points on one or more telecommunication networks, from an originating switching point to a toll-free call's specific terminating switching point (otherwise referred to herein as a "route"), at some particular time.
A "route" is service from the "originating switching point," i.
e.
, the switching point on a telecommunications network that serves as the most immediate switching interface between the calling party and that telecommunications network (e.
g.
, a local exchange switch or equivalent local switching node, whether hardware or software-defined, providing access to that network), to the "terminating switching point," i.
e.
, the switching point on a telecommunications network (which may, but need not be, owned or operated by the same carrier who owns or operates the originating switching point) that serves as the most immediate switching interface between the called party and that telecommunications network (e.
g.
, a local exchange switch or equivalent local switching node, whether hardware or software-defined, providing access to that network).
Carriers may submit bids to the Moderator for routes over different types of telecommunications networks (e
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