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System for selective communication connection based on transaction pricing signals

  • US 5,802,502 A
  • Filed: 04/26/1994
  • Issued: 09/01/1998
  • Est. Priority Date: 05/24/1993
  • Status: Expired due to Term
First Claim
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1. A communication system comprising:

  • at least one telecommunications resource user apparatus;

    a plurality of competing telecommunications resource supplier apparatus, each selectively operable to open a respective communications circuit to said telecommunications resource user apparatus;

    a signalling channel, interconnecting said telecommunications resource user apparatus and each of said plurality of telecommunications resource supplier apparatus;

    a pricing device associated with each said telecommunications resource supplier apparatus and connected to the signalling channel, for detecting an attempt by a said telecommunications resource user apparatus to initiate communications and, in response to said detecting generating and transmitting through the signalling channel a respective competing pricing signal indicative of a pricing level corresponding to the price to be paid for a resource supply transaction via the respective communications circuit, anda selecting device, associated with the telecommunications resource user apparatus and connected to the signalling channel, for receiving each said pricing signal, and selecting a corresponding one of said transactions on the basis of said pricing signals, and signalling to the respective telecommunications resource supplier apparatus to open the respective communications circuit based upon said selection;

    the pricing device and selecting device being arranged to generate and transmit a sequence of said pricing signals in a respective dialogue, to negotiate a said pricing level.

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