A PRI circuit can cost around $500 each month, with some variation depending on region and other factors. Assuming a business is using the circuit for just 23 lines, that comes to an average of $21.74 per phone line, which can seem like a reasonably good deal. However, there are some other costs associated with PRI circuit investment, which aren't necessarily reflected in monthly pricing.
- Many organizations need to purchase a T1 card to use a PRI with a legacy PBX system, which can cost between $500-1200.
- Circuit installs and upgrades to physical infrastructure can be incredibly costly and may require a 30-45 day waiting period.
- PRI circuits require physical servicing by expert technicians, which can cost $150 per "truck roll" or site visit.
- Adding a single line of capacity requires the purchase of a PRI circuit and an increase in monthly costs by $500 each month.
- Redundancy in case of disaster or equipment failure requires the purchase of additional PRI circuits for failover, which can add $500 each month for each failover PRI circuit purchased.
Taking all of these factors into consideration, the cost of a PRI circuit is definitely not $21.74 per phone line. With redundancy, it's $42.48, and the average costs per line only increase with site visits, capacity upgrades, or unused channels.
5 Ways To Reduce The Cost Of Your Business Phone Lines: 1. Business Phone Line Elimination
– Modem lines are a thing of the past. Fax lines are headed in the same direction. Alarm lines can be replaced with wireless connections that carry fewer fees and surcharges. Inventory your POTS lines and eliminate the lines that you no longer need. 2. Business Phone Line Repricing
– If the majority of your POTS lines are with the same incumbent phone company, contact your account rep and inquire about volume pricing. If your carrier rep claims that bulk pricing doesn't exist, work through a telecom consultant who has an agency relationship with that carrier. Telecom consultants act as customer advocates and have to prove their value. If volume pricing is available, a telecom consultant will make you aware of it. 3. Business Phone Line Transformation
– If you have a number of POTS lines at any given location, it might pay to convert them to PRI or SIP Trunks. PRI offers 23 channels, which can be shared by a number of employees. For example, 40 POTS lines could cost $2000 a month. 40 employees could share one PRI, which would cost about $500 a month. POTS lines could also be converted to SIP. SIP stands for Session Initiation Protocol. SIP trunks are voice paths over the internet and they're less expensive than POTS lines or PRI circuits and carry fewer taxes and surcharges. 4. Business Phone Line Aggregation or Managed SIP Trunking
– If you are a large, multi location company and you have hundreds of POTS lines spread out across the country, supplied and billed by different carriers, POTS consolidation is something you should consider. POTS aggregators can provide one bill and one point of contact for your entire POTS inventory. This can greatly reduce the administrative costs related to the service. The other option is moving to Managed SIP Trunking since SIP Trunking is not location specific and you can get the exact number of channels needed and share across sites.5. Move To A Modern Business Communications System
– Most businesses have or are in the process of migrating from analog to IP telephony. A lot of this has to do with the fact that VoIP offers more cost savings compared to its traditional counterpart. Moving to VoIP can save businesses as much as 60% in telecommunications costs.
If you would like help inventorying, auditing, managing and lowering the cost of your Business Phone Line inventory, contact Xeta Group today.