Late yesterday, the FCC released the text of its USF Reform and Intercarrier Compensation Reform Order, which it adopted on October 27. The FCC's rules, among other things, transition terminating access charges to zero, apply access to VoIP-PSTN traffic, adopt rules addressing access stimulation (prevalent in free conferencing, for example), and tackling the problem of phantom traffic.
The order is 759 pages long, with over 2,500 footnotes and 84 pages of rules. As we warned, the impact of these rules on individual business plans is highly fact-specific. We encourage you to contact your advisor to learn more.
The order is available at this link.