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Establishing and managing communications over telecommunication networks

  • US 6,535,592 B1
  • Filed: 11/27/2000
  • Issued: 03/18/2003
  • Est. Priority Date: 03/23/2000
  • Status: Expired due to Fees
First Claim
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1. A method of establishing and maintaining communication between at least first, second and third entities over a telecommunication network, where said communication is defined by a set of parameters, said method comprising the steps of:

  • (i) negotiating between at least two of said first, second and third entities an agreed set of values for said parameters that define the desired communication;

    (ii) negotiating a warranty agreement between at least said two of said first, second and third entities defining;

    at least one of said agreed parameters to be monitored;

    at least one entity to perform said monitoring; and

    a compensation method to be applied should said at least one monitored parameter fail to meet the corresponding one of said agreed values;

    (iii) establishing said communication;

    (iv) monitoring said at least one monitored parameter of said communication by said at least one entity performing said monitoring; and

    (v) in the event of a failure of said at least one monitored parameter to meet said agreed value, the entities responsible for said failure compensating at least one of the other of said entities in accordance with said negotiated compensation method.

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