Wireline Bureau Grants Limited CAF II Letter of Credit Waiver Extension
The FCC Wireline Bureau extended until Dec. 31, 2024, its waiver of letter of credit (LOC) rules for Connect America Fund Phase II recipients (see 2212120059). The bureau declined to extend the waiver to recipients that "do not meet their…
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60% deployment obligation" or miss a reporting deadline. "Extending the waiver of LOC requirements to recipients that have met their deployment and reporting obligations would allow recipients to better allocate resources to operate successfully and continue to fulfill their obligations," the bureau said in an order Wednesday in docket 10-90.