Electronic TeleSpan Quotes Partner Steve Augustino
June 29, 2009
Partner Steve Augustino was quoted in Elliot Gold's Electronic TeleSpan article titled, "USF Rate Creeps Up Again! With The Recession, This Is Just The Beginning - Or Is It?" The article discusses the FCC's decision to tax telecom providers in order to fund the Universal Service Fund (USF), which funds the Federal government's Universal Service Administrative Company (USAC). Mr. Augustino was quoted saying that the "continuation of the increase in contribution factor shows that the measures that the FCC and USAC have used to prop up the fund and the bringing in new providers into funding haven't worked." He goes on to project that "the fund is going to have to be reformed on both the contribution and the expenditure side."