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USF Contribution Factor Set at 37.6% for Q1

The FCC clarified Monday that the USF contribution factor for Q1 will be 37.6%, down from 38.1% in Q4. But it's higher than the earlier projection of 30.9% (see 2511100035), analyst Billy Jack Gregg noted in an email Tuesday. That…

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increase came after the Universal Service Administrative Co. revised its estimates for the high-cost and low-income fund by a total of $219.2 million, Gregg said. Neither USAC nor the FCC has explained the reasons for the higher demand projections, he added.