One-way packet delay measurement

A method for measuring one-way delays in a communications network, the method comprising: maintaining, at a third node having a reference clock, a first virtual clock state emulating a first node clock located at a first node and a second virtual clock state emulating a second node clock located at a second node; registering a timeset comprising transmission and reception times at the first node and the second node, respectively, for each packet of a plurality of packets that are transmitted from the first node to the second node and reflected from the second node back to the first node; converting times in the timeset, responsive to the first and/or second virtual clocks, into times in accordance with the reference clock; calculating, for each packet of the plurality of packets, a forward one-way delay (FOWD) and a reverse one-way delay (ROWD), responsive to the converted timeset.