Responses to CenturyLink’s petition to release escrowed broadband deployment funds...
Responses to CenturyLink’s petition to release escrowed broadband deployment funds and eliminate future escrow payments were due to the Washington Utilities and Transportation Commission Friday afternoon (http://xrl.us/bngq9a). Commission staff supports much of the petition and wrote in its own July…
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12 response that it “supports releasing to CenturyLink the $30 million held in escrow” and “supports suspending future payments into the broadband escrow account.” The staff recommended suspension rather than outright elimination of escrow requirements to ensure CenturyLink continues to comply with the broadband rules of the state’s order 14, which requires the telco to set up a broadband deployment escrow account. CenturyLink made note of that in its March 30 petition (http://xrl.us/bngrkb). The company said it’s been active in broadband deployment without the need for escrowed funds, a contention the commission said staff support. “If CenturyLink were to fall out of compliance with its broadband commitments in the future, the escrow requirement would be reinstated,” the commission said staff sought.