The USF fee drops down again in 2013

The PhoneDog
Mascot from  Charleston, SC
| Published: July 1, 2013

The third quarter for 2013 kicks off today and the proposed contribution factor dropped from 15.5% to 15.1%.  

Each quarter the FCC, Congress and the Universal Service Administrative Company (USAC), administers the federal Universal Service Fund (USF). The percentage, also known as the contribution factor must be paid by all telecommunication companies.  The reason behind paying the USF is to offer support to low-income consumers, schools, libraries, rural areas, and much more.