peering

(redirected from Settlement-free interconnection)

peering

An agreement between two networks to accept each other's data packets and forward them. The Internet is a combination of public and private peering. See IXP and Tier 1 network.
References in periodicals archive ?
A tier 1 network is an IP network that takes part in the Internet solely through settlement-free interconnection, also recognized as settlement-free peering.
Provider of communication services Level 3 Communications (NYSE:LVLT) and Google Inc (Nasdaq:GOOG) announced on Friday that a new multi-year, settlement-free interconnection agreement has been reached between their global backbone networks that will help both companies meet their customers' needs into the next decade and beyond.
Large internet backbones interconnect by peering, which is a settlement-free interconnection regime.
XConnect is also the first to offer multilateral settlement-free interconnection through the XConnect Alliance.
XConnect is dedicated to bridging IP communications islands through the XConnect Alliance, which for the first time offers multilateral settlement-free interconnection. Members include next generation voice operators and soon, enterprises.
Level 3 Communications and Google confirmed they have secured a new multi-year, settlement-free interconnection deal between their international backbone networks that will assist the 2 firms fulfill their customers' requirements into the next decade and more.
A new multi-year, settlement-free interconnection deal has been signed by Google and Level 3 Communications.