S.C. PSC ordered removal of implicit universal service subsidies ...
S.C. PSC ordered removal of implicit universal service subsidies from intrastate access charges in favor of explicit state universal service fund. Currently, BellSouth charges interexchange carriers about 6 cents per min., among highest rates in BellSouth’s 9-state territory. PSC…
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said new $40 million fund would allow 50% access charge reduction, to 3 cents per min., in same range as most other states in region. Fund will be supported by 1.4% surcharge on intrastate services. PSC said it expected fund would be revenue neutral for incumbent telcos, with support from new fund about equal to revenue losses from reduced access charges.