ClearCaptions Seeks Rate Stability in FCC Plan for IP CTS

ClearCaptions urged the FCC to provide "at least two years of rate stability" in a new rate plan adopted for IP-captioned telephone services using automatic speech recognition (ASR). There are "no additional efficiency gains expected" in ASR costs in the medium term, it said during a meeting with an aide to Commissioner Brendan Carr (see 2309250056). An ex parte filing was posted Thursday in docket 22-408. Raising concerns about further rate cuts, ClearCaptions said continuous rate cuts would "signal to banks and other investors that there could be no end in sight for rate reductions."