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…
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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.