What Is Wholesale
Minutes?
Information About Technology
Core Definition
Wholesale minutes are essentially bulk units of voice call time purchased by businesses within the telecommunications industry. These minutes are used to facilitate various voice-based services such as local, long-distance, toll-free, or even international calls, and can also support applications like video conferencing and faxing. Wholesale minutes are purchased in large volumes (usually exceeding 100,000 minutes).
Benefit Definition
The primary benefit of wholesale minutes lies in significant cost savings. By purchasing call time in bulk, businesses gain access to heavily discounted rates compared to standard per-minute pricing. This allows telecommunications companies to reduce operational costs and offer more competitive pricing to their customers. Additionally, wholesale minutes can provide flexibility as providers often offer different bundles and packages to suit varying business needs.
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Technical Definition
Technically, wholesale minutes represent blocks of capacity on a wholesale telecommunications carrier’s network. When a business purchases wholesale minutes, they gain access to this dedicated capacity, allowing them to route voice calls through the carrier’s infrastructure. This model often involves specialized billing systems that track usage in minute increments and apply the agreed-upon wholesale rates.
