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FCC Grants Consolidated Waiver To Keep New Units Under Rate-of-Return Rules

The FCC Wireline Bureau approved a Consolidated Communications petition seeking a waiver of the "all-or-nothing rule" for price-cap telcos. In an order posted Tuesday in docket 15-74, the bureau said Consolidated, an ILEC holding company with price-cap subsidiaries, had gained…

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control of three rate-of-return companies, and sought the waiver so it can continue to operate the companies under rate-of-return regulation. "The public interest would be served by granting the requested waiver while the Commission is considering a number of regulatory reform proposals that could impact these subsidiaries," the bureau said. The all-or-nothing rule is designed to ensure that all of a carrier’s territories and affiliates are subject to a single form of pricing regulation, either price-cap or rate-of-return regulation.