FCC's Latest Universal Service Monitoring Report Shows Revenue Declines
The FCC released the 2024 Universal Service Monitoring Report, providing an overview of revenue in the U.S. telecom industry and associated contributions to universal service support. Released this week, the report shows a steep drop in some sources of revenue.…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
Local exchange revenue was $12.3 billion in 2023, down from $30.5 billion in 2014. Local private line revenue declined from $31.2 billion to $19.1 billion during the same period. Total telecom revenue fell from $228.5 billion in 2014 to $116 billion in 2023. The tables are based on information filed with the commission in FCC Forms 499-A and 499-Q.