FCC Clears RLEC Combo, With USF Condition; Tofane/iBasis OK'd With DOJ Condition
The FCC OK'd Hilliary Acquisition's planned buy of Tatum Telephone and Electra Telephone, subject to a USF condition to address cost-shifting concerns. The combining Texas companies receive high-cost support from different mechanisms: cost-based and model-based. "We grant the Applications subject…
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to the condition adopted in the Hargray/ComSouth Order" (see 1805110048), said a Wireline Bureau public notice in Wednesday's Daily Digest and docket 18-301. "The combined operating expense of Tatum, Electra, Medicine Park, and any other rate-of-return affiliates shall be capped at the averaged combined operating expense of the three calendar years preceding the transactions’ closing date for which the operating expense data are available." The cap will last seven years or less, if the combined entity converts all support to one mechanism. The bureau cleared Tofane Global SAS/iBasis, conditioned on compliance with commitments and undertakings they agreed to with DOJ, said a PN in docket 18-136.