System and method for routing communications between packet networks based on real time pricing

1. A method for communicating data packets over packet networks owned by different communications carriers, said method performed by executing instructions using a processor, said method comprising:

monitoring, using the processor, pricing information of the different communications carriers for communicating the data packets over the packet networks owned by the different communications carriers;

determining, using the processor, over which of the packet networks owned by the different communications carriers to communicate data packets based on the pricing information;

receiving a notification of a communication parameter change affecting a communication quality of at least one of the different communications carriers for communicating the data packets over the packet networks owned by the at least one different communications carriers; and

determining, using the processor, over which of the packet networks owned by the different communications carriers to communicate data packets based on the pricing information and the communication parameter change affecting the communication quality of the at least one of the different communications carriers for communicating the data packets over the packet networks owned by the at least one different communications carriers.

2. The method according to claim 1 , further comprising:

receiving a notification of a pricing change to the pricing information of at least one of the different communications carriers for communicating the data packets over the packet networks owned by the at least one different communications carriers; and

determining over which of the packet networks owned by the different communications carriers to communicate data packets based on the pricing change to the pricing information of the at least one of the different communications carriers for communicating the data packets over the packet networks owned by the at least one different communications carriers.

3. The method according to claim 1 , wherein the communication parameter is a high communication demand occurring on at least one of the different communications carriers for communicating the data packets over the packet networks owned by the at least one different communications carriers.

4. The method according to claim 1 , further comprising factoring current credit information, cost to carrier information, and customer bandwidth requirements into the decision of determining over which of the packet networks owned by the different communications carriers to communicate data packets.

5. The method according to claim 1 , further comprising factoring current credit information into the decision of determining over which of the packet networks owned by the different communications carriers to communicate data packets.

6. The method according to claim 1 , further comprising factoring cost to carrier information into the decision of determining over which of the packet networks owned by the different communications carriers to communicate data packets.

7. The method according to claim 1 , further comprising factoring customer bandwidth requirements into the decision of determining over which of the packet networks owned by the different communications carriers to communicate data packets.

8. The method according to claim 1 , further comprising factoring usage differential information into the decision of determining over which of the packet networks owned by the different communications carriers to communicate data packets.

9. The method according to claim 1 , further comprising transmitting a special rate collection request to the different communications carriers for communicating the data packets over the packet networks owned by the different communications carriers, the special rate based on a service level agreement with the different communications carriers.

10. The method according to claim 1 , wherein the pricing information includes a first rate for communicating real-time content and second rate for communicating non-real-time content over the packet networks owned by the different communications carriers.

11. The method according to claim 4 , wherein the current credit information is based off of credit received toward free communications services provided by at least one of the different communications carriers for communicating the data packets over the packet networks owned by the at least one different communications carriers in response to the at least one of the different communications carriers not meeting its obligations under a service level agreement.

12. The method according to claim 8 , wherein the usage differential information includes a first usage differential for communications of real-time content and a second usage differential for communications of non-real-time content.

13. The method according to claim 1 , further comprising factoring network performance information of the packet networks owned by the different communications carriers to communicate data packets into the decision of determining over which of the packet networks owned by the different communications carriers to communicate data packets.

14. The method according to claim 13 , wherein the network performance information is collected at a predetermined interval using performance information packets.

15. The method according to claim 14 , wherein the performance information packets includes an advertised communication price from at least one of the different communications carriers for communicating the data packets over the packet networks owned by the at least one different communications carriers.

16. A system for communicating data packets over packet network owned by different communications carriers, said system comprising:

a storage unit, operating in a first packet network, configured to store pricing information for communicating data packets over at least two other packet networks; and

a processing unit, in communication with said storage unit, and configured to:

monitor, at scheduled times, for updates to the pricing information of the different communications carriers for communicating the data packets over the packet networks owned by the different communications carriers;

determine over which of the packet networks owned by the different communications carriers to communicate data packets based on the pricing information;

receive a notification of a communication parameter change affecting a communication quality of at least one of the different communications carriers for communicating the data packets over the packet networks owned by the at least one different communications carriers; and

determine over which of the packet networks owned by the different communications carriers to communicate data packets based on the pricing information and the communication parameter change affecting the communication quality of the at least one of the different communications carriers for communicating the data packets over the packet networks owned by the at least one different communications carriers.

17. The system of according to claim 16 , wherein the processing unit is further configured to process network performance information, the network performance information received at a predetermined interval, the network performance information providing information regarding a communication quality for communicating the data packets over the at least two other packet networks.

18. The system of according to claim 16 , wherein the processing unit is further configured to factor in network performance information regarding a communication quality for communicating the data packets over the at least two other packet networks, current credit information, cost to carrier information, usage differential information, and customer bandwidth requirements into the decision of determining over which of the packet networks owned by the different communications carriers to communicate the data packets.

19. The system of according to claim 16 , wherein the processing unit is further configured to factor in network performance information regarding a communication quality for communicating the data packets over the at least two other packet networks into the decision of determining over which of the packet networks owned by the different communications carriers to communicate the data packets.