ILEC revenue shrank from more than $108 billion to nearly...
ILEC revenue shrank from more than $108 billion to nearly $90 billion in the decade between 1998 and 2008, the FCC said in its annual universal service monitoring report. The report, published Thursday at docket no. 98-102, also found that…
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wireless revenues leapt from more than $37 billion in 1998 to more than $128 billion over the same period. ILECs’ competitors saw their revenue jump from more than $4 billion in 1998 to more than $26 billion in 2008, the USF report said. Pay phone companies, meanwhile, saw their revenue drop from more than $1.1 billion in 1998 to $275 million in 2008, Thursday’s report said. Pay phone companies have asked the FCC for an emergency injection of some $60 billion in USF cash to “stop the bleeding” (CD Dec6 p6). It was the 14th in a series of reports for the Joint Board on Universal Service.