§ 54.1504 - Term of Stage 2 fixed support, phase-down of legacy fixed support, and reporting obligations for phase-down support recipient.  


Latest version.
  • § 54.1504 Term of Stage 2 fixed support and , phase-down of legacy fixed support.

    Cross Reference
    Link to an amendment published at 88 FR 29000, May 5, 2023

    , and reporting obligations for phase-down support recipient.

    (a) Term of support. Support awarded through Stage 2 of the fixed Uniendo a Puerto Rico Fund and of the fixed Connect USVI Fund shall be provided for ten years.

    (b) Phase-down of legacy support. Stage 2 of the fixed Uniendo a Puerto Rico Fund and of the fixed Connect USVI Fund shall replace the legacy frozen high-cost support for the Territories. Beginning on a date determined by the Wireline Competition Bureau and announced by public notice following authorization of a winning application, frozen support recipient carriers will receive 23 frozen fixed support amortized for the first 12 months following the date announced by public notice; and 13 frozen fixed support amortized over the second 12-month period; . Beginning June 1, 2023, legacy frozen support recipient carriers that continue receiving phase-down legacy support for use in accordance with applicable rules shall be authorized to continue to receive 13 frozen fixed support for the geographic areas in which it was not selected as the winning applicant of the Stage 2 competitive process. The frozen support recipient carriers shall receive a monthly support amount equal to the amortized monthly 13 frozen fixed support amount until December 31, 2025, and zero frozen support thereafter.

    [84 FR 59963, Nov. 7, 2019, as amended at 88 FR 29000, May 5, 2023]