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Highest USF Contribution Factor Ever Projected for 4Q

The USF contribution factor for Q4 will rise from 24.4 percent to 25.1 percent, the highest in the history of the USF, consultant Billy Jack Gregg emailed Friday. He said the Universal Service Administration Co. projected revenue of $11 billion…

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for the quarter, about $466 million lower than the previous quarter, and the lowest quarterly revenue ever. Quarterly demand was projected at $2 billion. The FCC announced the last quarterly contribution factor in mid-June in docket 96-45 (see 1906130014).