PUBLIC NOTICE FEDERAL COMMUNICATIONS COMMISSION 1919 M STREET N.W. WASHINGTON, D.C. 20554 DA 97-932 News media information 202/418-0500. Recorded listing of releases and texts 202/418-2222. Report No. CC- 97-21 May 2, 1997 COMMISSION ADJUSTS ITS ANNUAL REVENUE THRESHOLD TO ACCOUNT FOR INFLATION FOR 1996 IN ACCORDANCE WITH SECTION 402 OF THE 1996 TELECOMMUNICATIONS ACT Pursuant to Section 402(c) of the Telecommunications Act of 1996 and the interim procedures established in Implementation of the Telecommunications Act of 1996: Reform of Filing Requirements and Carrier Classifications, Order and Notice of Proposed Rulemaking, CC Docket No. 96-193, 11 FCC Rcd 11716 (1996), the Commission hereby adjusts the annual revenue threshold pursuant to part 32 of its regulations (47 C.F.R. part 43) and section 64.903 of its regulations (47 C.F.R. 64.903) to account for inflation for 1996 by creating a ratio between the 1996 Gross Domestic Product Chain-type Price Index (GDP-CPI) and the GDP-CPI as of October 19, 1992. The estimated value of the GDP-CPI on October 19, 1992 is 100.69. This estimate was obtained by linearly interpolating the seasonally adjusted third quarter 1992 GDP-CPI value of 100.2 (as of the mid-point of the third quarter, August 15, 1992) and the seasonally adjusted fourth quarter 1992 GDP-CPI value of 100.9 (as of the mid-point of the fourth quarter, November 15, 1992). Accordingly, the inflation-adjusted revenue threshold for 1996 is calculated as follows: [A] GDP-CPI (October 19, 1992) 100.69 [B] GDP-CPI (Annual) (1996) 109.9 [C] Ratio: GDP-CPI (Annual) (1996) GDP-CPI (October 19, 1992) 1.0915 [D] Original Revenue Threshold $100 million [E] Inflation-Adjusted Threshold $109 million Accordingly, the inflation-adjusted revenue threshold for 1996 is $109 million. For further information, contact Maureen Peratino, Office of Public Affairs, at (202) 418-0500, or Warren Firschein, Accounting and Audits Division, Common Carrier Bureau, at (202) 418-0844. Source: National Data Tables, Survey of Current Business, Mar. 1997, tbl. 7.1 at D-17. - FCC -