Telecom Revenue Continued to Decline in 2016, USF Monitoring Report Says
Telecom revenue dropped further in 2016, with toll service revenue reported at $36.3 billion (down from $39.7 billion in 2015) and mobile service revenue $65.6 billion (down from $75.3 billion), said the 2017 FCC Universal Service Monitoring Report Friday in…
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docket 96-45. Total telecom revenue declined from $214.5 billion to $198.3 billion. Providers are assessed USF contributions based on their interstate and international telecom end-user revenue. The industry's total reported revenue only dropped slightly, from $515.6 billion to $509.7 billion, as non-telecom revenue reported on FCC Form 499-A increased from $301.1 billion to $311.4 billion. The report also contains some 2017 data through September.