FCC Grants Waivers to Facilitate 2 Rural Telco Subsidiary Consolidations
The FCC eased Telapex and Venture Communications Cooperative plans to each combine its own wholly owned subsidiaries with separate rate-of-return study areas. "The merging subsidiaries of each company currently charge one or more different switched access rates," said a Wireline…
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Bureau order in Wednesday's Daily Digest and docket 10-90. "To facilitate the mergers, we waive our rules to the extent necessary to allow the merged entities to charge uniform adjusted switched access rates and to combine the Base Period Revenue amounts of the merging entities." The bureau said the waivers were unopposed and the decision was consistent with precedent.