FCC Gives RLECs Waiver to Update Broadband-Only Line Rates for Form 509
FCC staff granted a one-time rule waiver to allow rate-of-return telcos to report "their actual rates for consumer broadband-only lines to determine 2017 revenues on their FCC Form 509," rather than imputing revenue based on the maximum rate that could…
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be assessed. "A significant amount of uncertainty existed regarding actual demand for consumer broadband-only service initially, which resulted in demand projections for many carriers that would have produced rates that were not sustainable in the market," said a Wireline Bureau order Thursday in docket 10-90. "Imputing revenues based on these maximum rates would have the effect of significantly overstating the revenues for many carriers" and cause "a similarly significant reduction in universal service support."