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The FCC is reviewing ways to reduce the...

The FCC is reviewing ways to reduce the accounting requirements on carriers while also allowing the agency to get the information it needs to fulfill its regulatory duties, said a proposed rulemaking notice (http://bit.ly/1sVkPwJ) adopted Monday and posted Wednesday in…

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docket 14-130. The NPRM “has been a long time coming,” Commissioner Ajit Pai said in a statement. “These arcane rules were put in place almost three decades ago, when all incumbent carriers were subject to rate-of-return ratemaking and specialized cost data were central to the Commission’s work,” Commissioner Mike O'Rielly’s said in a statement.