COCOT

{
  "id": "MLC-T-IND-006869",
  "term": "COCOT",
  "field": "Industrial and trades",
  "definition": "An acronym for Customer-Owned, Coin-Operated Telephone, a type of payphone that was owned and maintained by a private business or individual rather than the local telephone company. These phones became prevalent following the divestiture of AT&T in the United States, which opened the market to third-party equipment. The owner of the COCOT set the rates for calls and collected the revenue from the coin box, while paying the telephone company for the business line connection.",
  "subject": "Electrical engineering",
  "translations": {
    "de": "COCOT",
    "es": "COCOT",
    "fr": "COCOT"
  },
  "url": "https://mlchart.com/terminology/industrial/cocot/"
}