Rural Telco Projections of Broadband-Only Loop Cost/Revenue Due Monday
Rate-of-return telcos must file FCC Form 508 by Monday with Universal Service Administrative Co. to receive subsidies under the commission's new Connect America Fund Broadband Loop Support mechanism, said a Wireline Bureau public notice Monday in docket 10-90. The PN…
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noted the previously expected filing deadline of Oct. 1 (see 1609200015) was changed because that's a Saturday. Carriers must report projected broadband-only loop costs and revenue on revised Form 508, which was approved by the Office of Management and Budget, the PN said. The cost and revenue projections are for the first six months of 2017, not 2016 as the PN indicated, said an FCC spokesman, who said an erratum was coming to note the correction. OMB also approved Form 507 (for reporting broadband loop counts) and Form 509 (for reporting actual cost and revenue), which must be filed pursuant to a schedule in FCC rules, the PN said. Form 507 is due July 31 and Form 509 is due Dec. 31, said the spokesman.