USF Contribution Rate to Drop From 18.4% to 17.9% in Q3, Consultant Projects
The USF contribution rate will decrease from Q2's 18.4 percent to 17.9 percent in Q3, of carriers' U.S. interstate and international telecom end-user revenue, emailed industry consultant Billy Jack Gregg Friday. He said Universal Service Administrative Co. projected USF-applicable telecom…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
revenue for Q3 to be $12.95 billion, an increase of about $146 million. That breaks the long-term downward trend in the contribution base for the first time since Q3 2014, he said. USAC also revised projected high-cost USF demand for Q3 upward by over $125 million to comply with a March order increasing rural telco support, and changed a "prior period adjustment," resulting in a net rise in USF demand of $81.7 million, he said.