Q4 USF Revenue Projected at $8.6B: USAC
The Universal Service Administrative Co. projected USF Q4 revenue will be $8.6 billion, said a filing Thursday in docket 06-122. That's about a $300 million increase from Q3 (see 2206010052). The quarterly contribution factor will likely fall from 33% to 28.9%, emailed analyst Billy Jack Gregg. "The FCC has apparently recognized that something needs to be done to place the USF on a more stable foundation," he said: "Get ready for legislative action in the coming years."