Latest Universal Service Fund Stories

2009-03-12 09:36:00

Verizon, in Congressional Testimony, Suggests Guidelines and Practical Reforms WASHINGTON, March 12 /PRNewswire/ -- A senior telecommunications executive today made specific recommendations to Congress on how broadband Internet grant money contained in the economic stimulus package and reform of the nation's universal service subsidy system can be used to deploy broadband networks to U.S. households throughout the country. In testimony before the House Subcommittee on Communications,...

2009-03-11 18:48:00

- Consolidated revenues of $575.4 million - Adjusted EBITDA of $171.1 million - Net loss of $1.9 million or ($0.04) per diluted share ANCHORAGE, Alaska, March 11 /PRNewswire-FirstCall/ -- GCI (Nasdaq: GNCMA) today reported its 2008 results with revenues increasing to $575.4 million and earnings before interest, taxes, depreciation, amortization and adjusted for share-based compensation and non-cash contribution (adjusted EBITDA) increasing to $171.1 million. Revenues and adjusted EBITDA...

2008-11-04 08:20:00

Federal Communications Commission Chairman, Kevin Martin, has cancelled an Election Day vote to overhaul key elements of telecommunication regulation.  Many believed the overhaul could lead to higher phone bills for many consumers. The cancellation of the vote is a setback for Martin, who had hoped to pass the proposal before the presidential election.  Martin cancelled the vote due to opposition from consumer groups and Congress. Martin's proposal would reform the "intercarrier...

2008-10-29 13:41:40

Some 75 members of Congress called on the head of The Federal Communications Commission to give proposed changes to revamp the current system of fees that phone companies pay to connect calls with other networks a public review. Changes proposed by FCC Chairman Kevin Martin would change rates to become lower and more uniform. The two largest phone companies, Verizon Communications Inc. and AT&T Inc. agree with the proposal on the grounds that the current ones are outdated and based on...

2008-10-22 18:00:19

WASHINGTON, Oct. 22 /PRNewswire/ -- The Coalition for Affordable Communications (CAC), today applauded the letter sent by The National Association of Regulatory Utility Commissioners (NARUC) to the Federal Communications Commission (FCC), calling for the FCC to postpone its November 4th vote on a yet unseen order that would dramatically restructure intercarrier compensation and the Universal Service Fund. While the CAC supports meaningful and reasonable reform, it believes that the FCC's...

2008-10-15 14:22:03

The chairman of the FCC intends to restructure the system of fees that phone companies pay each other when they connect calls, but some critics of the new plan are skeptical about how much consumer phone bills will increase. "This could be potentially a billion-dollar giveaway to phone monopolies, paid for out of consumers' pocketbooks," said Chris Murray, an attorney with Consumers Union. Chairman Kevin Martin and his staff were putting the finishing touches Tuesday night on a proposal to...

2008-08-28 15:00:38

UNITED STATES presidential candidates John McCain and Barack Obama have released their technology policies, differing on whether "Net neutrality" rules should be imposed on telecommunications companies and on the breadth of their aspirations for the American public. Mr Obama said Net neutrality rules -- which would prevent telcos giving priority to certain types of Internet traffic over others -- were needed to ensure freedom of expression on the Internet and to prevent "a two-tier...

2008-08-19 15:01:04

To: TECHNOLOGY EDITORS Contact: David Fish of Verizon, +1-202-515-2514, david.m.fish@verizon.com Internet Industry and Consumers Best Served by Pragmatic Solutions, He Says ASPEN, Colo., Aug. 19 /PRNewswire/--The information and communications sectors are experiencing one of the greatest periods of innovation in their history, as entrepreneurs compete to provide consumers with increased speed, mobility and content over broadband networks. But, according to the Verizon senior executive...

2008-07-19 00:05:00

KANSAS CITY, Mo. -- Class-action lawsuits alleging that AT&T engaged in a price-fixing conspiracy with other long-distance carriers will go forward after a federal judge refused to throw out the plaintiffs' antitrust claims. After denying AT&T's motion to grant it summary judgment last month, U.S. District Judge John Lungstrum on Thursday rejected AT&T's request to reconsider his order. The long-running case comprises dozens of class-action lawsuits that were filed...

2006-08-25 10:56:15

WASHINGTON (Reuters) - Verizon Communications and BellSouth Corp. will be asked by U.S. regulators to explain a new fee on high-speed Internet customers that replaces a government surcharge that ended this month, a source familiar with the matter said on Friday. Verizon and BellSouth, the No. 2 and No. 3 telephone carriers respectively, will be sent "letters of inquiry" to see whether the new charge complies with Federal Communications Commission rules that require "truth in...

Word of the Day
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.