*Pages 1--2 from Microsoft Word - 29944* Federal Communications Commission DA 03- 2569 Before the Federal Communications Commission Washington, D. C. 20554 In the Matter of July 1, 2003 Annual Access Charge Tariff Filings ) ) ) ) ) ) WCB/ Pricing No. 03- 15 ORDER ON RECONSIDERATION Adopted: July 30, 2003 Released: July 30, 2003 By the Chief, Pricing Policy Division: 1. On June 30, 2003, we suspended for five months and set for investigation the 2003 annual access tariff filing of Chillicothe Telephone Company (Chillicothe). 1 Chillicothe has subsequently withdrawn Transmittal No. 74 to its FCC Tariff No. 1, thereby mooting the investigation of that transmittal. The rates of Iowa Telecommunications Services, Inc. (Iowa Telecom), filed in Transmittal No. 35, which were also suspended in the Suspension Order, remain under investigation. The specific issues that are the subject of the Iowa Telecom investigation will be identified in an upcoming designation order. 2. In the Suspension Order, we suspended and set for investigation Transmittal No. 74 of Chillicothe FCC Tariff No. 1. 2 Specifically, we were concerned that Chillicothe used cost estimates that substantially exceeded the trend in cost growth; that, despite the projected cost increase, Chillicothe forecast declining access minutes of use; and that Chillicothe used a 25- day lag in developing its cash working capital that exceeds the industry standard of 15 days. 3 On July 25, Chillicothe withdrew tariff transmittal No. 74, thereby mooting the investigation of the rates in that transmittal. 4 On the same day, Chillicothe filed Transmittal No. 76 revising its rates to reflect changes to its estimated revenue requirements and its cash working capital study. 5 1 July 1, 2003, Annual Access Charge Tariff Filings, WCB/ Pricing 03- 15, Order, DA No. 03- 2118 (WCB/ Pricing, rel. June 30, 2003) (Suspension Order). 2 Id. 3 Id. at para. 4. 4 Chillicothe Telephone Company, FCC Tariff No. 1, Transmittal No. 75 (filed July 25, 2003). 5 Chillicothe Telephone Company, FCC Tariff No. 1, Transmittal No. 76 (filed July 25, 2003). 1 Federal Communications Commission DA 03- 2569 2 3. Accordingly, IT IS ORDERED that, pursuant to sections 0.91, 0.291 and 1.108 of the Commission’s rules, 47 C. F. R. §§ 0.91, 0.291, 1.108, we reconsider on our own motion our decision in the Suspension Order to suspend and investigate the revised tariff rates of Chillicothe Telephone Company filed in Transmittal No. 74. 4. IT IS FURTHER ORDERED that, pursuant to sections 0.91 and 0.291 of the Commission’s rules, 47 C. F. R. §§ 0.91, 0.291, the investigation imposed in WCB/ Pricing File No. 03- 15 IS TERMINATED with respect to Chillicothe Telephone Company. FEDERAL COMMUNICATIONS COMMISSION Tamara L. Preiss Chief, Pricing Policy Division 2