800 Portability financial definition of 800 Portability
The ability of the owner of a toll free number to maintain the same number even upon changing long distance providers. For example, if a charity that operates an 800 number wishes to switch its long distance provider from Qwest to Verizon or vice versa, 800 portability allows the charity to keep the same number for donations or other purposes. The Federal Communications Commission has required long distance providers to offer 800 portability since 1993 in order to promote competition
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References in periodicals archive
Today, almost a year after 800 portability
entered the market, 800 service continues to thrive.
Last May, AT&T took another hit with the advent of 800 portability
, legislation that transfers ownership of 800 phone numbers from the telephone company to the user, making it easier for a company to change carriers.
The latest revolution in telecommunications is 800 portability
. As of last month, businesses with toll-free numbers now have the opportunity to change carriers for their 800 service without changing their number.