The Motley Fool Discussion Boards

Previous Page

Stocks U / US LEC Corp.


Subject:  Re: Corporate Statements -Good News? Date:  11/9/1998  3:39 PM
Author:  phenders Number:  28 of 45

This latest on the FCC ruling was taken from

09:00 AM
FCC delays reciprocal compensation ruling
The FCC has postponed for at least a week or two a decision whether to
claim jurisdiction over dial-up calls to ISPs, according to Reuters News
Service. In particular, the FCC has delayed deciding if it will classify
Internet calls as long-distance in nature, thereby taking regulatory
authority of calls to ISPs away from state regulators. If the FCC does
determine calls to ISPs are of a long-distance variety, the decision could
end C-LECs' ability to collect termination charges from incumbents on calls
from incumbent customers to ISPs served by C-LECs. However, the FCC is
expected to let C-LECs continue to collect on such calls at least until
current interconnection deals with incumbents expire. After that the
Commission may opt to reduce or cut the termination fees.

Little debt, owns their switches rather than leasing, ahead of plan for area expansions, plus....I'm betting on a favorable ruling. (That's right, it's a bet at this point.)

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us