The Texas Public Utility Commission granted Valley Telephone...
The Texas Public Utility Commission granted Valley Telephone Cooperative’s request for state USF money to offset losses due to FCC USF reform. The order released Friday (http://bit.ly/13TASAm) outlined that the co-op telco “will recover a total of $613,903.50 in reimbursement…
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from the TUSF in the Company’s net reduction of FUSF revenues for 2012 and 2013.” Valley Telephone has sought to raise its rates and offset its own losses. The November 2011 FCC USF order is “reasonably projected to reduce the amount that VTCI receives in FUSF revenue by $444,933 in 2012 and $388,955 in 2013,” said the PUC. It granted similar relief requests earlier this year regarding national USF losses.