*Pages 1--28 from C:\Pdf2Text\Ready4Text_in\pdf\54069.pdf* 11 - 1 11. Revenues, Expenses, and Investment This section provides information on revenues, expenses, and investment by major local telephone companies. The information included in this section is calculated from some of the summary information in the Commission’s Automated Reporting Management Information Systems’ (ARMIS) 43- 01 Reports. The original data plus more detailed data can be found in the ARMIS 43- 01 Reports. These reports, along with the other seven ARMIS reports, are available for public inspection on the ARMIS Internet site at www. fcc. gov/ wcb/ eafs/. The source of the data in this section is the ARMIS 43- 01, Annual Summary Report, filed by every incumbent local exchange carrier with operating revenues that exceed a specified threshold. 1 The report is filed on a study area basis and includes data on revenues, expenses, and investment to enable the Commission to monitor the carriers' operations. 2 For this section, information was derived from ARMIS 43- 01 data for 2004 for the following tables: Table 11.1 - Revenues and Other Operating Items. Table 11.2 - Expenses and Taxes. Table 11.3 - Gross Investment. Table 11.4 - Total Investment Reserves (Row 1890 of the ARMIS 43- 01 Report). Table 11.5 - Net Income (which is the difference between Table 11.1, Revenues and Other Operating Items, and Table 11.2, Expenses and Taxes). Table 11.6 - Average Net Investment (Row 1910 of the ARMIS 43- 01 Report which is the difference between Table 11.3, Gross Investment, and Table 11.4, Total Investment Reserves). Table 11.7 - Total Operating Revenues (Row 1090 of the ARMIS 43- 01 Report). Table 11.8 - Other Operating Income or Losses (Row 1290 of the ARMIS 43- 01 Report). Tables 11.7 and 11.8 show the detailed items that when aggregated constitute Table 11.1, Revenues and Other Operating Items. 1 For year 2004 data, the threshold was year 2003 revenues in excess of $123 million. These carriers are classified as Tier 1 carriers. 2 In year 2004, thirteen Tier 1 carriers furnished the data used in this report for 122 study areas. The data are for 49 states (all except Alaska), the District of Columbia, and the Commonwealth of Puerto Rico. Smaller carriers that, in the aggregate, serve about 7% of the nation’s telephone lines do not file ARMIS data. 1 11 - 2 Table 11.9 - Total Operating Expenses (Row 1190 of the ARMIS 43- 01 Report). Table 11.10 - Total Non- operating Items (Row 1390 of the ARMIS 43- 01 Report). Table 11.11 – Taxes -- Federal, State, and Other (Rows 1490, 1590, and 1595 of the ARMIS 43- 01 Report). 3 Tables 11.9 through 11.11 show the detailed items that when aggregated constitute Table 11.2, Expenses and Taxes. Table 11.12 - Total Plant In- Service (Row 1690 of the ARMIS 43- 01 Report). Table 11.13 - Total Other Investments (Row 1790 of the ARMIS 43- 01 Report). Tables 11.12 and 11.13 show the detailed items that when aggregated constitute Table 11.3, Gross Investments. Each table in this section contains columns headed “Subject to Separations”, “Intrastate”, and “Interstate”. 4 The “subject to separations” column reflects the total amount that is subject to separations allocations between the state and interstate jurisdictions pursuant to Part 36 of the Commission's rules. The “interstate” and “intrastate” columns reflect the amounts allocated to the interstate and state jurisdictions pursuant to those rules. In some instances, the “interstate” column also reflects FCC prescribed adjustments made after the separations process. These adjustments are made only at the interstate level; consequently, the “intrastate” and “interstate” columns may not necessarily add up to the “subject to separations” column. Each table also contains a column headed “Percent Interstate”. The data in this column are calculated by dividing the data in the “interstate” column by the data in the “subject to separations” column. Table 11.6 - Average Net Investment - has one additional column headed “Interstate Rate of Return”. The data in this column are calculated by dividing the data in the “interstate” column of Table 11.5 - Net Income - by the data in the “interstate” column of Table 11.6. 3 Beginning in 1999, mid- sized companies (incumbent carriers other than the Bell operating companies and GTE subsidiaries) no longer report taxes to different governments separately. Therefore, Table 11.11 shows the sum of rows 1490 and 1590 for the BellSouth, SBC, and Verizon subsidiaries (as noted above, Qwest has an extension to file its ARMIS 43- 01 report for 2002) and row 1595 for the mid- sized companies. 4 These are reported in columns (f), (g), and (h) in the ARMIS 43- 01 Reports. The numbers are in thousands of dollars. 2 Table 11.1 Revenues and Other Operating Items ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies $97,357,389 $64,960,446 $32,396,949 33.28 % Bell Operating Companies 89,139,199 59,184,240 29,954,963 33.60 Other Reporting Local Exchange Companies 8,218,190 5,776,206 2,441,986 29.71 CenturyTel of Alabama, LLC - Northern Alabama AL 93,080 70,494 22,586 24.27 CenturyTel of Alabama, LLC - Southern Alabama AL 124,612 88,461 36,151 29.01 BellSouth - Alabama AL 1,316,531 935,832 380,698 28.92 Verizon - California - Contel - Arizona AZ 8,475 5,573 2,902 34.24 Qwest - Arizona AZ 1,480,813 899,654 581,159 39.25 SBC - Southwestern Bell - Arkansas AR 689,882 486,067 203,815 29.54 Verizon - Contel - California CA 271,843 180,325 91,518 33.67 Verizon - NW - West Coast California CA 8,497 7,346 1,151 13.55 Verizon - GTE - California CA 2,620,759 1,728,744 892,014 34.04 SBC - Pacific Bell - California CA 8,145,510 5,586,514 2,558,996 31.42 Sure/ West/ Roseville Tel - California CA 137,114 99,853 37,261 27.18 Qwest - Colorado CO 1,855,876 1,153,400 702,476 37.85 SBC - SNET - CT CT 1,465,959 982,559 483,398 32.97 Verizon - Delaware DE 322,354 187,136 135,217 41.95 Verizon - District of Columbia DC 617,985 360,326 257,659 41.69 Verizon - Florida FL 1,474,554 920,171 554,384 37.60 BellSouth - Florida FL 4,121,786 2,720,427 1,401,360 34.00 Sprint - Florida FL 1,309,056 865,177 443,878 33.91 ALLTEL Georgia Communications GA 250,584 188,170 62,415 24.91 BellSouth - Georgia GA 2,935,387 1,903,782 1,031,604 35.14 Verizon - Hawaii HI 443,395 285,136 158,259 35.69 Verizon - NW - Idaho ID 106,332 58,417 47,913 45.06 Qwest - Idaho South ID 306,831 186,784 120,047 39.12 Qwest - Idaho North ID 19,157 11,559 7,598 39.66 Verizon - North - Contel Illinois IL 80,077 50,496 29,582 36.94 Verizon - South - Illinois IL 18,773 12,809 5,963 31.76 Verizon - North - Illinois IL 378,206 248,519 129,687 34.29 SBC - Ameritech - Illinois Bell IL 3,290,148 2,334,483 955,666 29.05 Verizon - North - Contel/ Indiana IN 124,484 80,147 44,337 35.62 Verizon - North - Indiana IN 482,476 310,008 172,469 35.75 SBC - Ameritech - Indiana Bell IN 1,131,551 811,331 320,220 28.30 Sprint - United Tel Company of Indiana IN 158,511 111,174 47,338 29.86 Iowa Telecom - Iowa IA 56,897 39,751 17,146 30.14 Iowa Telecom - Iowa North IA 76,156 56,792 19,364 25.43 Iowa Telecom - Iowa System IA 46,607 34,191 12,416 26.64 Qwest - Iowa IA 572,294 351,235 221,059 38.63 SBC - Southwestern Bell - Kansas KS 717,434 466,074 251,361 35.04 ALLTEL Kentucky, Inc. - London KY 68,347 48,590 19,757 28.91 ALLTEL Kentucky, Inc. - Lexington KY 304,714 204,690 100,024 32.83 Cincinnati Bell Telephone Company - Kentucky KY 132,833 110,599 22,234 16.74 BellSouth - Kentucky KY 799,472 559,263 240,209 30.05 BellSouth - Louisiana LA 1,493,363 1,072,739 420,625 28.17 Verizon - New England - Maine ME 447,835 299,949 147,885 33.02 Verizon - Maryland MD 2,145,221 1,390,053 755,169 35.20 Verizon - New England - Massachusetts MA 2,333,289 1,466,967 866,322 37.13 Verizon - North - Michigan MI 401,379 288,677 112,702 28.08 SBC - Ameritech - Michigan MI 2,563,853 1,839,555 724,298 28.25 Qwest - Minnesota MN 1,126,768 704,619 422,150 37.47 BellSouth - Mississippi MS 1,057,720 794,333 263,387 24.90 SBC - Southwestern Bell - Missouri MO 1,513,241 1,018,266 494,975 32.71 Sprint - United Telephone Company of Missouri MO 192,167 135,029 57,138 29.73 Qwest - Montana MT 245,046 155,904 89,144 36.38 Aliant Telecommunications - Nebraska NE 173,900 127,847 46,052 26.48 Qwest - Nebraska NE 352,695 217,259 135,438 38.40 Sprint - Centel of Nevada NV 475,775 307,239 168,536 35.42 Verizon - Contel Nevada NV 26,761 13,644 13,117 49.02 SBC - Nevada Bell NV 192,809 116,925 75,884 39.36 Verizon - New England - New Hampshire NH 424,862 263,948 160,914 37.87 Verizon - New Jersey NJ 3,311,749 2,009,600 1,302,151 39.32 Sprint - United Telephone Company of New Jersey NJ 134,169 80,010 54,158 40.37 Subject to 11 - 3 3 Table 11.1 Revenues and Other Operating Items - Continued ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM 539,103 333,216 205,887 38.19 % Valor - New Mexico 1 NM 31,224 18,829 12,395 39.70 Valor - New Mexico 2 NM 33,918 21,659 12,259 36.14 Citizens - Red Hook NY 12,599 8,491 4,108 32.61 Citizens - Upstate NY 207,970 140,196 67,774 32.59 Citizens - Western Counties NY 21,501 14,494 7,007 32.59 Verizon New York Telephone NY 6,648,323 4,434,891 2,213,433 33.29 Citizens - Frontier of Rochester NY 325,541 245,663 79,878 24.54 ALLTEL - Carolina NC 140,770 99,420 41,351 29.37 Sprint - Centel of North Carolina NC 161,614 116,290 45,324 28.04 Verizon - South - Contel - North Carolina NC 90,431 63,004 27,427 30.33 Verizon - South - North Carolina NC 165,602 103,975 61,626 37.21 BellSouth - North Carolina NC 1,492,178 978,458 513,720 34.43 Sprint - Carolina Tel. & Tel. of North Carolina NC 740,762 508,820 231,942 31.31 Qwest - North Dakota ND 131,211 79,020 52,189 39.77 ALLTEL - Western Reserve - Ohio OH 130,758 94,749 36,010 27.54 Cincinnati Bell Telephone Company - Ohio OH 556,167 416,421 139,746 25.13 Verizon - North - Ohio OH 521,577 370,025 151,553 29.06 SBC - Ameritech - Ohio Bell OH 2,047,324 1,437,015 610,309 29.81 Sprint - United Telephone Company of Ohio OH 400,573 288,897 111,676 27.88 SBC - Southwestern Bell - Oklahoma OK 903,839 614,616 289,223 32.00 Valor - Oklahoma OK 76,851 52,220 24,631 32.05 Verizon - Northwest - Oregon OR 311,986 184,070 127,916 41.00 Qwest - Oregon OR 788,052 483,720 304,331 38.62 Sprint - United Tel. Co. of the Northwest - Oregon OR 52,018 34,868 17,151 32.97 ALLTEL - Pennsylvania PA 150,008 110,902 39,106 26.07 Verizon - North - Contel/ Pennsylania PA 40,365 27,385 12,979 32.15 Verizon - North - Contel/ Quaker State PA 27,375 18,734 8,641 31.57 Verizon - North - Pennsylvania PA 305,441 203,059 102,381 33.52 Verizon - Pennsylvania PA 3,186,080 1,947,581 1,238,500 38.87 Sprint - United Telephone Co. of Pennsylvania PA 266,962 193,433 73,529 27.54 Verizon - Puerto Rico Telephone Company - Central PR 95,878 64,330 31,548 32.90 Verizon - Puerto Rico Telephone Company PR 748,670 544,788 203,882 27.23 Verizon - New England - Rhode Island RI 276,485 178,957 97,528 35.27 Verizon - South - Contel - South Carolina SC 17,615 10,876 6,739 38.26 Verizon - South Carolina SC 134,040 92,087 41,953 31.30 BellSouth - South Carolina SC 968,482 677,238 291,245 30.07 Qwest - South Dakota SD 146,668 91,909 54,760 37.34 BellSouth - Tennessee TN 1,589,922 1,091,598 498,325 31.34 Sprint - UTC - Southeast - Tennessee TN 150,393 103,343 47,049 31.28 Sprint - Centel of Texas TX 171,402 119,825 51,578 30.09 Verizon - SW - Contel Texas TX 64,757 45,357 19,400 29.96 Verizon - SW Texas TX 1,132,233 771,445 360,789 31.87 SBC - Southwestern Bell - Texas TX 6,022,928 4,302,013 1,720,914 28.57 Sprint - United Telephone Company of Texas TX 129,266 96,347 32,919 25.47 Valor - Texas TX 281,485 216,522 64,963 23.08 Qwest - Utah UT 626,436 366,498 259,938 41.49 Verizon - New England - Vermont VT 216,748 139,299 77,449 35.73 Sprint - Centel of Virginia VA 198,770 138,664 60,107 30.24 Verizon - South - Contel - Virginia VA 391,847 236,805 155,042 39.57 Verizon - Virginia VA 2,053,304 1,241,237 812,066 39.55 Verizon - South - Virginia VA 32,138 18,921 13,218 41.13 Sprint - UTC - Southeast - Virginia VA 68,490 49,262 19,227 28.07 CenturyTel - Washington WA 118,947 80,727 38,220 32.13 Verizon - NW - Contel - Washington WA 57,976 33,272 24,705 42.61 Verizon - NW - Washington WA 528,345 300,347 227,998 43.15 Qwest - Washington WA 1,359,023 842,064 516,960 38.04 Sprint - United Tel. Co. of the NW - Washington WA 55,679 38,097 17,582 31.58 Verizon - West Virginia WV 590,676 402,674 188,000 31.83 Verizon - North - Wisconsin WI 213,500 151,083 62,417 29.24 SBC - Ameritech - Wisconsin Bell WI 1,040,300 716,431 323,869 31.13 Qwest - Wyoming WY 188,909 109,687 79,221 41.94 Subject to 11 - 4 4 Table 11.2 Expenses and Taxes ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies $84,165,980 $58,568,277 $25,648,931 30.47 % Bell Operating Companies 78,461,048 54,278,688 24,210,154 30.86 Other Reporting Local Exchange Companies 5,704,932 4,289,589 1,438,777 25.22 CenturyTel of Alabama, LLC - Northern Alabama AL 78,002 60,191 17,811 22.83 CenturyTel of Alabama, LLC - Southern Alabama AL 94,041 69,649 24,392 25.94 BellSouth - Alabama AL 1,017,391 721,053 296,853 29.18 Verizon - California - Contel - Arizona AZ 6,574 4,161 2,842 43.23 Qwest - Arizona AZ 1,391,392 923,035 468,468 33.67 SBC - Southwestern Bell - Arkansas AR 562,179 409,057 153,453 27.30 Verizon - Contel - California CA 201,304 140,767 60,773 30.19 Verizon - NW - West Coast California CA 7,323 5,823 1,484 20.26 Verizon - GTE - California CA 2,049,985 1,463,601 588,145 28.69 SBC - Pacific Bell - California CA 7,070,880 5,066,363 2,005,957 28.37 Sure/ West/ Roseville Tel - California CA 101,989 77,367 25,217 24.73 Qwest - Colorado CO 1,504,036 1,007,765 496,333 33.00 SBC - SNET - CT CT 1,286,038 900,205 386,072 30.02 Verizon - Delaware DE 272,682 170,068 102,620 37.63 Verizon - District of Columbia DC 549,438 325,198 224,248 40.81 Verizon - Florida FL 1,251,632 832,868 418,871 33.47 BellSouth - Florida FL 3,371,028 2,298,569 1,074,366 31.87 Sprint - Florida FL 980,303 739,658 240,645 24.55 ALLTEL Georgia Communications GA 148,792 103,696 49,250 33.10 BellSouth - Georgia GA 2,564,834 1,704,460 861,479 33.59 Verizon - Hawaii HI 400,577 267,161 133,431 33.31 Verizon - NW - Idaho ID 89,797 56,890 34,705 38.65 Qwest - Idaho South ID 241,969 158,377 83,603 34.55 Qwest - Idaho North ID 14,529 9,525 5,003 34.43 Verizon - North - Contel Illinois IL 61,005 42,642 18,371 30.11 Verizon - South - Illinois IL 17,518 12,532 4,988 28.47 Verizon - North - Illinois IL 326,575 234,061 92,570 28.35 SBC - Ameritech - Illinois Bell IL 2,924,160 2,171,645 754,721 25.81 Verizon - North - Contel/ Indiana IN 95,499 65,851 29,660 31.06 Verizon - North - Indiana IN 441,473 303,231 138,284 31.32 SBC - Ameritech - Indiana Bell IN 1,005,756 744,606 261,891 26.04 Sprint - United Tel Company of Indiana IN 88,846 66,945 21,901 24.65 Iowa Telecom - Iowa IA 31,017 22,812 8,204 26.45 Iowa Telecom - Iowa North IA 46,540 33,659 12,882 27.68 Iowa Telecom - Iowa System IA 27,721 20,166 7,554 27.25 Qwest - Iowa IA 509,781 338,630 171,173 33.58 SBC - Southwestern Bell - Kansas KS 621,702 423,111 199,074 32.02 ALLTEL Kentucky, Inc. - London KY 45,689 34,411 14,292 31.28 ALLTEL Kentucky, Inc. - Lexington KY 216,225 157,961 71,300 32.97 Cincinnati Bell Telephone Company - Kentucky KY 80,694 61,738 18,905 23.43 BellSouth - Kentucky KY 651,597 461,581 190,317 29.21 BellSouth - Louisiana LA 1,224,673 893,798 331,350 27.06 Verizon - New England - Maine ME 398,281 272,919 125,359 31.48 Verizon - Maryland MD 1,934,872 1,306,434 628,476 32.48 Verizon - New England - Massachusetts MA 2,381,103 1,553,833 827,225 34.74 Verizon - North - Michigan MI 323,078 236,848 86,265 26.70 SBC - Ameritech - Michigan MI 2,275,141 1,705,626 570,913 25.09 Qwest - Minnesota MN 981,262 657,505 323,785 33.00 BellSouth - Mississippi MS 813,515 593,654 220,172 27.06 SBC - Southwestern Bell - Missouri MO 1,296,809 901,444 396,420 30.57 Sprint - United Telephone Company of Missouri MO 123,001 91,862 31,139 25.32 Qwest - Montana MT 192,740 125,191 67,564 35.05 Aliant Telecommunications - Nebraska NE 125,479 90,316 39,120 31.18 Qwest - Nebraska NE 296,765 189,793 106,979 36.05 Sprint - Centel of Nevada NV 416,678 313,112 103,566 24.86 Verizon - Contel Nevada NV 21,433 12,172 9,261 43.21 SBC - Nevada Bell NV 179,919 122,090 58,225 32.36 Verizon - New England - New Hampshire NH 389,639 252,325 137,304 35.24 Verizon - New Jersey NJ 2,966,423 1,928,674 1,037,801 34.98 Sprint - United Telephone Company of New Jersey NJ 100,196 77,292 22,905 22.86 Subject to 11 - 5 5 Table 11.2 Expenses and Taxes - Continued ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM 444,734 296,724 148,049 33.29 % Valor - New Mexico 1 NM 23,247 14,862 8,385 36.07 Valor - New Mexico 2 NM 23,907 16,495 7,412 31.00 Citizens - Red Hook NY 7,619 5,215 2,404 31.55 Citizens - Upstate NY 121,798 92,822 28,976 23.79 Citizens - Western Counties NY 13,070 9,648 3,422 26.18 Verizon New York Telephone NY 7,032,488 4,711,680 2,320,588 33.00 Citizens - Frontier of Rochester NY 250,828 203,027 47,801 19.06 ALLTEL - Carolina NC 88,435 60,284 28,043 31.71 Sprint - Centel of North Carolina NC 127,824 99,457 28,367 22.19 Verizon - South - Contel - North Carolina NC 77,238 55,292 23,770 30.78 Verizon - South - North Carolina NC 150,574 91,434 59,149 39.28 BellSouth - North Carolina NC 1,230,717 836,270 395,253 32.12 Sprint - Carolina Tel. & Tel. of North Carolina NC 466,472 349,905 116,566 24.99 Qwest - North Dakota ND 92,776 60,730 31,061 33.48 ALLTEL - Western Reserve - Ohio OH 76,858 52,878 23,980 31.20 Cincinnati Bell Telephone Company - Ohio OH 350,386 274,386 74,838 21.36 Verizon - North - Ohio OH 436,619 335,468 101,329 23.21 SBC - Ameritech - Ohio Bell OH 1,840,740 1,329,787 512,015 27.82 Sprint - United Telephone Company of Ohio OH 286,860 214,653 72,207 25.17 SBC - Southwestern Bell - Oklahoma OK 747,783 523,816 224,461 30.02 Valor - Oklahoma OK 59,557 42,339 17,218 28.91 Verizon - Northwest - Oregon OR 263,477 177,170 86,321 32.76 Qwest - Oregon OR 687,756 462,512 225,313 32.76 Sprint - United Tel. Co. of the Northwest - Oregon OR 40,023 29,701 10,322 25.79 ALLTEL - Pennsylvania PA 89,021 64,678 24,343 27.35 Verizon - North - Contel/ Pennsylania PA 33,181 23,966 9,218 27.78 Verizon - North - Contel/ Quaker State PA 22,078 15,756 6,323 28.64 Verizon - North - Pennsylvania PA 270,083 192,891 77,205 28.59 Verizon - Pennsylvania PA 2,791,979 1,823,036 969,016 34.71 Sprint - United Telephone Co. of Pennsylvania PA 169,332 131,983 37,348 22.06 Verizon - Puerto Rico Telephone Company - Central PR 94,257 70,095 24,163 25.64 Verizon - Puerto Rico Telephone Company PR 634,033 461,796 172,239 27.17 Verizon - New England - Rhode Island RI 292,786 200,161 92,616 31.63 Verizon - South - Contel - South Carolina SC 14,873 9,326 5,506 37.02 Verizon - South Carolina SC 102,987 75,857 27,133 26.35 BellSouth - South Carolina SC 803,132 572,051 231,379 28.81 Qwest - South Dakota SD 126,062 84,063 42,003 33.32 BellSouth - Tennessee TN 1,310,101 914,254 396,392 30.26 Sprint - UTC - Southeast - Tennessee TN 114,514 89,345 25,170 21.98 Sprint - Centel of Texas TX 113,564 87,387 26,178 23.05 Verizon - SW - Contel Texas TX 61,269 44,820 16,455 26.86 Verizon - SW Texas TX 1,003,735 720,186 283,614 28.26 SBC - Southwestern Bell - Texas TX 5,365,803 3,876,672 1,493,633 27.84 Sprint - United Telephone Company of Texas TX 93,546 72,131 21,415 22.89 Valor - Texas TX 165,505 117,085 48,419 29.26 Qwest - Utah UT 524,021 334,542 189,527 36.17 Verizon - New England - Vermont VT 194,797 129,517 65,279 33.51 Sprint - Centel of Virginia VA 143,028 109,953 33,075 23.12 Verizon - South - Contel - Virginia VA 321,057 210,994 110,065 34.28 Verizon - Virginia VA 1,777,603 1,159,317 618,330 34.78 Verizon - South - Virginia VA 25,802 17,480 8,260 32.01 Sprint - UTC - Southeast - Virginia VA 50,505 38,596 11,909 23.58 CenturyTel - Washington WA 81,632 60,219 21,413 26.23 Verizon - NW - Contel - Washington WA 47,289 31,670 15,644 33.08 Verizon - NW - Washington WA 464,549 311,835 152,860 32.91 Qwest - Washington WA 1,163,777 799,467 364,355 31.31 Sprint - United Tel. Co. of the NW - Washington WA 42,188 31,705 10,483 24.85 Verizon - West Virginia WV 535,033 378,955 156,093 29.17 Verizon - North - Wisconsin WI 189,666 138,769 50,912 26.84 SBC - Ameritech - Wisconsin Bell WI 919,254 675,873 243,700 26.51 Qwest - Wyoming WY 153,838 99,676 54,171 35.21 Subject to 11 - 6 6 Table 11.3 Gross Investment ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies $381,229,209 $270,373,863 $114,693,146 30.09 % Bell Operating Companies 350,214,279 247,001,744 106,977,345 30.55 Other Reporting Local Exchange Companies 31,014,930 23,372,119 7,715,801 24.88 CenturyTel of Alabama, LLC - Northern Alabama AL 379,314 292,894 86,909 22.91 CenturyTel of Alabama, LLC - Southern Alabama AL 474,551 354,644 120,739 25.44 BellSouth - Alabama AL 5,224,034 3,814,827 1,469,575 28.13 Verizon - California - Contel - Arizona AZ 26,268 15,518 10,999 41.87 Qwest - Arizona AZ 6,193,691 4,356,446 1,845,051 29.79 SBC - Southwestern Bell - Arkansas AR 2,425,549 1,727,294 694,635 28.64 Verizon - Contel - California CA 1,168,196 897,023 271,837 23.27 Verizon - NW - West Coast California CA 43,796 30,707 13,308 30.39 Verizon - GTE - California CA 10,276,350 7,824,722 2,821,924 27.46 SBC - Pacific Bell - California CA 31,777,869 22,951,888 9,077,674 28.57 Sure/ West/ Roseville Tel - California CA 432,906 310,821 123,717 28.58 Qwest - Colorado CO 8,323,432 6,079,625 2,266,048 27.22 SBC - SNET - CT CT 5,128,311 3,590,425 1,628,211 31.75 Verizon - Delaware DE 1,213,404 831,886 392,804 32.37 Verizon - District of Columbia DC 2,002,322 1,143,949 881,530 44.03 Verizon - Florida FL 5,415,170 3,951,006 1,544,138 28.52 BellSouth - Florida FL 14,353,567 10,401,220 4,145,745 28.88 Sprint - Florida FL 5,148,850 3,894,983 1,258,929 24.45 ALLTEL Georgia Communications GA 988,374 720,127 269,754 27.29 BellSouth - Georgia GA 11,939,050 8,398,069 3,694,592 30.95 Verizon - Hawaii HI 1,919,867 1,440,853 586,034 30.52 Verizon - NW - Idaho ID 434,451 314,537 126,744 29.17 Qwest - Idaho South ID 1,132,900 741,469 396,595 35.01 Qwest - Idaho North ID 77,555 53,057 26,228 33.82 Verizon - North - Contel Illinois IL 292,461 225,423 77,134 26.37 Verizon - South - Illinois IL 115,045 85,404 26,717 23.22 Verizon - North - Illinois IL 1,546,560 1,183,451 441,266 28.53 SBC - Ameritech - Illinois Bell IL 12,351,500 9,291,818 3,258,276 26.38 Verizon - North - Contel/ Indiana IN 438,167 330,289 115,586 26.38 Verizon - North - Indiana IN 1,948,291 1,465,091 545,544 28.00 SBC - Ameritech - Indiana Bell IN 3,631,419 2,505,200 1,185,983 32.66 Sprint - United Tel Company of Indiana IN 625,622 483,365 148,000 23.66 Iowa Telecom - Iowa IA 254,166 196,442 56,741 22.32 Iowa Telecom - Iowa North IA 366,586 279,869 85,215 23.25 Iowa Telecom - Iowa System IA 201,956 153,974 47,219 23.38 Qwest - Iowa IA 2,328,783 1,577,840 754,055 32.38 SBC - Southwestern Bell - Kansas KS 2,993,533 2,089,012 898,388 30.01 ALLTEL Kentucky, Inc. - London KY 325,678 250,610 75,407 23.15 ALLTEL Kentucky, Inc. - Lexington KY 1,318,197 985,056 334,898 25.41 Cincinnati Bell Telephone Company - Kentucky KY 414,515 315,344 99,126 23.91 BellSouth - Kentucky KY 3,058,460 2,220,270 875,132 28.61 BellSouth - Louisiana LA 5,631,836 4,270,295 1,431,560 25.42 Verizon - New England - Maine ME 1,839,093 1,302,361 534,512 29.06 Verizon - Maryland MD 7,347,670 4,759,575 2,673,178 36.38 Verizon - New England - Massachusetts MA 10,688,234 6,805,708 3,936,685 36.83 Verizon - North - Michigan MI 1,680,498 1,288,695 470,197 27.98 SBC - Ameritech - Michigan MI 9,659,432 7,134,605 2,684,058 27.79 Qwest - Minnesota MN 4,725,936 3,269,305 1,478,699 31.29 BellSouth - Mississippi MS 3,737,089 2,776,873 1,009,714 27.02 SBC - Southwestern Bell - Missouri MO 5,909,627 4,008,776 1,892,156 32.02 Sprint - United Telephone Company of Missouri MO 633,329 472,536 168,382 26.59 Qwest - Montana MT 972,886 667,815 307,558 31.61 Aliant Telecommunications - Nebraska NE 631,404 462,923 169,540 26.85 Qwest - Nebraska NE 1,597,017 1,043,825 560,732 35.11 Sprint - Centel of Nevada NV 1,754,621 1,357,835 399,669 22.78 Verizon - Contel Nevada NV 116,713 73,645 44,117 37.80 SBC - Nevada Bell NV 808,852 570,497 248,547 30.73 Verizon - New England - New Hampshire NH 2,104,455 1,379,934 722,423 34.33 Verizon - New Jersey NJ 10,687,791 6,534,242 4,327,614 40.49 Sprint - United Telephone Company of New Jersey NJ 475,346 366,100 112,216 23.61 Subject to 11 - 7 7 Table 11.3 Gross Investment - Continued ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM 2,314,057 1,660,059 661,692 28.59 % Valor - New Mexico 1 NM 131,347 80,492 51,127 38.93 Valor - New Mexico 2 NM 157,950 106,590 51,609 32.67 Citizens - Red Hook NY 47,899 30,580 17,319 36.16 Citizens - Upstate NY 741,337 569,726 171,611 23.15 Citizens - Western Counties NY 77,851 58,135 19,716 25.33 Verizon New York Telephone NY 28,707,878 19,206,815 9,617,323 33.50 Citizens - Frontier of Rochester NY 1,349,242 1,043,770 305,472 22.64 ALLTEL - Carolina NC 526,804 368,477 159,287 30.24 Sprint - Centel of North Carolina NC 592,953 463,892 129,744 21.88 Verizon - South - Contel - North Carolina NC 391,740 293,175 100,628 25.69 Verizon - South - North Carolina NC 729,201 537,835 202,950 27.83 BellSouth - North Carolina NC 6,398,266 4,599,951 1,878,312 29.36 Sprint - Carolina Tel. & Tel. of North Carolina NC 2,725,210 2,049,058 682,142 25.03 Qwest - North Dakota ND 516,980 332,618 187,991 36.36 ALLTEL - Western Reserve - Ohio OH 468,892 337,388 132,269 28.21 Cincinnati Bell Telephone Company - Ohio OH 1,639,016 1,275,374 363,467 22.18 Verizon - North - Ohio OH 2,089,725 1,597,217 573,184 27.43 SBC - Ameritech - Ohio Bell OH 8,187,058 6,050,437 2,272,998 27.76 Sprint - United Telephone Company of Ohio OH 1,554,859 1,182,633 389,672 25.06 SBC - Southwestern Bell - Oklahoma OK 3,631,554 2,604,460 1,020,403 28.10 Valor - Oklahoma OK 354,160 246,253 108,479 30.63 Verizon - Northwest - Oregon OR 1,168,267 845,306 338,313 28.96 Qwest - Oregon OR 3,348,011 2,378,725 991,302 29.61 Sprint - United Tel. Co. of the Northwest - Oregon OR 212,318 160,133 53,655 25.27 ALLTEL - Pennsylvania PA 543,484 399,833 144,495 26.59 Verizon - North - Contel/ Pennsylania PA 122,769 95,876 33,499 27.29 Verizon - North - Contel/ Quaker State PA 111,269 84,661 27,579 24.79 Verizon - North - Pennsylvania PA 1,238,914 952,572 336,227 27.14 Verizon - Pennsylvania PA 12,510,916 8,582,172 4,098,120 32.76 Sprint - United Telephone Co. of Pennsylvania PA 903,507 698,694 208,701 23.10 Verizon - Puerto Rico Telephone Company - Central PR 454,688 345,437 109,918 24.17 Verizon - Puerto Rico Telephone Company PR 3,220,292 2,314,707 909,952 28.26 Verizon - New England - Rhode Island RI 1,126,233 752,899 373,954 33.20 Verizon - South - Contel - South Carolina SC 65,823 47,510 18,685 28.39 Verizon - South Carolina SC 472,794 352,771 126,562 26.77 BellSouth - South Carolina SC 3,765,462 2,743,321 1,063,493 28.24 Qwest - South Dakota SD 671,613 430,488 243,371 36.24 BellSouth - Tennessee TN 5,863,013 4,217,731 1,717,719 29.30 Sprint - UTC - Southeast - Tennessee TN 557,985 436,550 123,433 22.12 Sprint - Centel of Texas TX 636,175 494,786 142,325 22.37 Verizon - SW - Contel Texas TX 357,399 274,000 88,904 24.88 Verizon - SW Texas TX 4,618,523 3,417,337 1,293,948 28.02 SBC - Southwestern Bell - Texas TX 23,484,802 16,032,232 7,466,702 31.79 Sprint - United Telephone Company of Texas TX 521,851 396,769 128,791 24.68 Valor - Texas TX 986,294 672,915 314,736 31.91 Qwest - Utah UT 2,920,731 2,036,866 894,480 30.63 Verizon - New England - Vermont VT 965,560 634,641 330,217 34.20 Sprint - Centel of Virginia VA 780,082 603,939 176,061 22.57 Verizon - South - Contel - Virginia VA 1,377,456 1,026,696 366,060 26.58 Verizon - Virginia VA 7,760,995 5,295,403 2,541,533 32.75 Verizon - South - Virginia VA 103,078 76,069 28,581 27.73 Sprint - UTC - Southeast - Virginia VA 279,555 210,186 70,470 25.21 CenturyTel - Washington WA 558,218 404,866 154,155 27.62 Verizon - NW - Contel - Washington WA 287,851 217,208 72,169 25.07 Verizon - NW - Washington WA 2,242,298 1,680,568 592,098 26.41 Qwest - Washington WA 6,443,795 4,790,670 1,685,566 26.16 Sprint - United Tel. Co. of the NW - Washington WA 242,526 183,557 60,604 24.99 Verizon - West Virginia WV 2,139,660 1,497,868 662,515 30.96 Verizon - North - Wisconsin WI 998,949 759,725 277,950 27.82 SBC - Ameritech - Wisconsin Bell WI 3,329,694 2,278,453 1,117,568 33.56 Qwest - Wyoming WY 789,835 532,795 261,376 33.09 Subject to 11 - 8 8 Table 11.4 Total Investment Reserves ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies $292,735,542 $209,143,053 $83,592,500 28.56 % Bell Operating Companies 270,753,885 192,648,956 78,104,939 28.85 Other Reporting Local Exchange Companies 21,981,657 16,494,097 5,487,561 24.96 CenturyTel of Alabama, LLC - Northern Alabama AL 285,175 220,179 64,996 22.79 CenturyTel of Alabama, LLC - Southern Alabama AL 328,818 246,742 82,076 24.96 BellSouth - Alabama AL 3,822,201 2,793,145 1,029,057 26.92 Verizon - California - Contel - Arizona AZ 21,632 11,983 9,649 44.61 Qwest - Arizona AZ 4,394,271 3,125,747 1,268,525 28.87 SBC - Southwestern Bell - Arkansas AR 1,912,614 1,366,501 546,113 28.55 Verizon - Contel - California CA 874,308 679,744 194,564 22.25 Verizon - NW - West Coast California CA 29,908 20,780 9,128 30.52 Verizon - GTE - California CA 9,194,033 7,201,852 1,992,181 21.67 SBC - Pacific Bell - California CA 27,113,888 19,822,418 7,291,469 26.89 Sure/ West/ Roseville Tel - California CA 257,497 182,407 75,089 29.16 Qwest - Colorado CO 5,796,082 4,204,004 1,592,078 27.47 SBC - SNET - CT CT 3,891,704 2,712,017 1,179,689 30.31 Verizon - Delaware DE 896,402 612,689 283,712 31.65 Verizon - District of Columbia DC 1,460,386 855,078 605,308 41.45 Verizon - Florida FL 4,148,499 3,042,470 1,106,029 26.66 BellSouth - Florida FL 10,799,435 7,815,441 2,983,994 27.63 Sprint - Florida FL 3,585,723 2,674,021 911,702 25.43 ALLTEL Georgia Communications GA 678,658 499,365 179,291 26.42 BellSouth - Georgia GA 8,063,187 5,701,131 2,362,056 29.29 Verizon - Hawaii HI 1,478,193 1,111,222 366,971 24.83 Verizon - NW - Idaho ID 327,595 237,925 89,671 27.37 Qwest - Idaho South ID 862,172 567,533 294,640 34.17 Qwest - Idaho North ID 55,961 38,150 17,811 31.83 Verizon - North - Contel Illinois IL 240,407 189,381 51,027 21.23 Verizon - South - Illinois IL 78,853 58,645 20,209 25.63 Verizon - North - Illinois IL 1,246,315 970,370 275,946 22.14 SBC - Ameritech - Illinois Bell IL 9,886,812 7,474,834 2,411,978 24.40 Verizon - North - Contel/ Indiana IN 353,591 272,605 80,986 22.90 Verizon - North - Indiana IN 1,735,153 1,336,168 398,985 22.99 SBC - Ameritech - Indiana Bell IN 3,135,985 2,246,126 889,859 28.38 Sprint - United Tel Company of Indiana IN 517,909 395,439 122,470 23.65 Iowa Telecom - Iowa IA 162,959 125,908 37,051 22.74 Iowa Telecom - Iowa North IA 248,632 188,761 59,872 24.08 Iowa Telecom - Iowa System IA 104,687 79,653 25,034 23.91 Qwest - Iowa IA 1,797,579 1,205,326 592,253 32.95 SBC - Southwestern Bell - Kansas KS 2,301,152 1,588,267 712,884 30.98 ALLTEL Kentucky, Inc. - London KY 214,715 164,332 50,385 23.47 ALLTEL Kentucky, Inc. - Lexington KY 953,280 710,423 242,858 25.48 Cincinnati Bell Telephone Company - Kentucky KY 298,354 226,562 71,791 24.06 BellSouth - Kentucky KY 2,314,518 1,677,812 636,706 27.51 BellSouth - Louisiana LA 4,464,704 3,373,075 1,091,629 24.45 Verizon - New England - Maine ME 1,391,722 995,516 396,206 28.47 Verizon - Maryland MD 5,718,089 3,779,888 1,938,201 33.90 Verizon - New England - Massachusetts MA 8,149,902 5,269,472 2,880,430 35.34 Verizon - North - Michigan MI 1,363,396 1,070,056 293,339 21.52 SBC - Ameritech - Michigan MI 8,373,385 6,317,772 2,055,613 24.55 Qwest - Minnesota MN 3,621,411 2,524,877 1,096,535 30.28 BellSouth - Mississippi MS 2,860,465 2,104,668 755,797 26.42 SBC - Southwestern Bell - Missouri MO 4,524,696 3,103,142 1,421,555 31.42 Sprint - United Telephone Company of Missouri MO 450,995 332,493 118,501 26.28 Qwest - Montana MT 753,552 507,546 246,006 32.65 Aliant Telecommunications - Nebraska NE 507,306 372,691 134,614 26.54 Qwest - Nebraska NE 1,321,841 858,225 463,615 35.07 Sprint - Centel of Nevada NV 1,220,944 936,108 284,836 23.33 Verizon - Contel Nevada NV 78,122 48,092 30,030 38.44 SBC - Nevada Bell NV 580,009 402,254 177,754 30.65 Verizon - New England - New Hampshire NH 1,487,592 970,829 516,763 34.74 Verizon - New Jersey NJ 8,800,189 5,663,543 3,136,645 35.64 Sprint - United Telephone Company of New Jersey NJ 327,606 249,777 77,830 23.76 Subject to 11 - 9 9 Table 11.4 Total Investment Reserves - Continued ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM 1,762,565 1,253,668 508,897 28.87 % Valor - New Mexico 1 NM 92,357 57,169 35,188 38.10 Valor - New Mexico 2 NM 108,186 73,368 34,818 32.18 Citizens - Red Hook NY 30,901 19,589 11,312 36.61 Citizens - Upstate NY 481,655 375,424 106,231 22.06 Citizens - Western Counties NY 49,304 36,646 12,658 25.67 Verizon New York Telephone NY 20,968,384 14,016,275 6,952,110 33.16 Citizens - Frontier of Rochester NY 826,296 648,860 177,436 21.47 ALLTEL - Carolina NC 324,620 224,934 99,686 30.71 Sprint - Centel of North Carolina NC 405,545 317,422 88,122 21.73 Verizon - South - Contel - North Carolina NC 293,763 222,005 71,758 24.43 Verizon - South - North Carolina NC 584,254 437,160 147,094 25.18 BellSouth - North Carolina NC 4,660,171 3,347,925 1,312,246 28.16 Sprint - Carolina Tel. & Tel. of North Carolina NC 2,111,169 1,567,017 544,152 25.77 Qwest - North Dakota ND 437,315 284,841 152,478 34.87 ALLTEL - Western Reserve - Ohio OH 333,607 238,899 94,710 28.39 Cincinnati Bell Telephone Company - Ohio OH 1,137,231 882,459 254,773 22.40 Verizon - North - Ohio OH 1,670,603 1,281,921 388,682 23.27 SBC - Ameritech - Ohio Bell OH 6,445,796 4,750,788 1,695,008 26.30 Sprint - United Telephone Company of Ohio OH 1,279,094 965,985 313,109 24.48 SBC - Southwestern Bell - Oklahoma OK 2,879,990 2,044,454 835,534 29.01 Valor - Oklahoma OK 229,697 161,266 68,431 29.79 Verizon - Northwest - Oregon OR 828,484 610,046 218,439 26.37 Qwest - Oregon OR 2,344,109 1,647,054 697,058 29.74 Sprint - United Tel. Co. of the Northwest - Oregon OR 155,382 116,977 38,405 24.72 ALLTEL - Pennsylvania PA 378,295 281,624 96,671 25.55 Verizon - North - Contel/ Pennsylania PA 110,309 88,017 22,292 20.21 Verizon - North - Contel/ Quaker State PA 89,089 69,633 19,456 21.84 Verizon - North - Pennsylvania PA 1,013,056 800,781 212,275 20.95 Verizon - Pennsylvania PA 9,676,966 6,688,263 2,988,703 30.88 Sprint - United Telephone Co. of Pennsylvania PA 709,647 543,622 166,025 23.40 Verizon - Puerto Rico Telephone Company - Central PR 374,739 285,067 89,672 23.93 Verizon - Puerto Rico Telephone Company PR 2,668,620 1,921,111 747,509 28.01 Verizon - New England - Rhode Island RI 890,655 614,838 275,818 30.97 Verizon - South - Contel - South Carolina SC 42,514 30,550 11,964 28.14 Verizon - South Carolina SC 364,470 272,542 91,927 25.22 BellSouth - South Carolina SC 2,867,340 2,100,945 766,395 26.73 Qwest - South Dakota SD 534,799 351,283 183,518 34.32 BellSouth - Tennessee TN 4,333,421 3,125,821 1,207,600 27.87 Sprint - UTC - Southeast - Tennessee TN 405,101 314,476 90,625 22.37 Sprint - Centel of Texas TX 382,593 285,112 97,481 25.48 Verizon - SW - Contel Texas TX 274,668 210,032 64,636 23.53 Verizon - SW Texas TX 3,528,153 2,656,154 871,999 24.72 SBC - Southwestern Bell - Texas TX 17,649,708 12,150,719 5,498,988 31.16 Sprint - United Telephone Company of Texas TX 354,778 267,145 87,633 24.70 Valor - Texas TX 811,539 581,009 230,530 28.41 Qwest - Utah UT 2,061,138 1,433,939 627,199 30.43 Verizon - New England - Vermont VT 758,064 514,578 243,486 32.12 Sprint - Centel of Virginia VA 531,225 416,235 114,990 21.65 Verizon - South - Contel - Virginia VA 1,019,339 782,309 237,030 23.25 Verizon - Virginia VA 5,693,813 3,910,411 1,783,403 31.32 Verizon - South - Virginia VA 78,235 58,633 19,602 25.06 Sprint - UTC - Southeast - Virginia VA 204,394 151,187 53,208 26.03 CenturyTel - Washington WA 340,272 245,196 95,076 27.94 Verizon - NW - Contel - Washington WA 164,653 121,198 43,455 26.39 Verizon - NW - Washington WA 1,354,573 982,174 372,399 27.49 Qwest - Washington WA 4,620,004 3,383,708 1,236,294 26.76 Sprint - United Tel. Co. of the NW - Washington WA 155,511 117,615 37,895 24.37 Verizon - West Virginia WV 1,770,279 1,259,163 511,116 28.87 Verizon - North - Wisconsin WI 813,253 630,450 182,802 22.48 SBC - Ameritech - Wisconsin Bell WI 2,742,056 1,930,309 811,747 29.60 Qwest - Wyoming WY 662,626 451,872 210,754 31.81 Subject to 11 - 10 10 Table 11.5 Net Income ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies $13,191,409 $6,392,169 $6,748,018 51.15 % Bell Operating Companies 10,678,151 4,905,552 5,744,809 53.80 Other Reporting Local Exchange Companies 2,513,258 1,486,617 1,003,209 39.92 CenturyTel of Alabama, LLC - Northern Alabama AL 15,078 10,303 4,775 31.67 CenturyTel of Alabama, LLC - Southern Alabama AL 30,571 18,812 11,759 38.46 BellSouth - Alabama AL 299,140 214,779 83,845 28.03 Verizon - California - Contel - Arizona AZ 1,901 1,412 60 3.16 Qwest - Arizona AZ 89,421 (23,381) 112,691 126.02 SBC - Southwestern Bell - Arkansas AR 127,703 77,010 50,362 39.44 Verizon - Contel - California CA 70,539 39,558 30,745 43.59 Verizon - NW - West Coast California CA 1,174 1,523 (333) -28.36 Verizon - GTE - California CA 570,774 265,143 303,869 53.24 SBC - Pacific Bell - California CA 1,074,630 520,151 553,039 51.46 Sure/ West/ Roseville Tel - California CA 35,125 22,486 12,044 34.29 Qwest - Colorado CO 351,840 145,635 206,143 58.59 SBC - SNET - CT CT 179,921 82,354 97,326 54.09 Verizon - Delaware DE 49,672 17,068 32,597 65.62 Verizon - District of Columbia DC 68,547 35,128 33,411 48.74 Verizon - Florida FL 222,922 87,303 135,513 60.79 BellSouth - Florida FL 750,758 421,858 326,994 43.56 Sprint - Florida FL 328,753 125,519 203,233 61.82 ALLTEL Georgia Communications GA 101,792 84,474 13,165 12.93 BellSouth - Georgia GA 370,553 199,322 170,125 45.91 Verizon - Hawaii HI 42,818 17,975 24,828 57.98 Verizon - NW - Idaho ID 16,535 1,527 13,208 79.88 Qwest - Idaho South ID 64,862 28,407 36,444 56.19 Qwest - Idaho North ID 4,628 2,034 2,595 56.07 Verizon - North - Contel Illinois IL 19,072 7,854 11,211 58.78 Verizon - South - Illinois IL 1,255 277 975 77.69 Verizon - North - Illinois IL 51,631 14,458 37,117 71.89 SBC - Ameritech - Illinois Bell IL 365,988 162,838 200,945 54.90 Verizon - North - Contel/ Indiana IN 28,985 14,296 14,677 50.64 Verizon - North - Indiana IN 41,003 6,777 34,185 83.37 SBC - Ameritech - Indiana Bell IN 125,795 66,725 58,329 46.37 Sprint - United Tel Company of Indiana IN 69,665 44,229 25,437 36.51 Iowa Telecom - Iowa IA 25,880 16,939 8,942 34.55 Iowa Telecom - Iowa North IA 29,616 23,133 6,482 21.89 Iowa Telecom - Iowa System IA 18,886 14,025 4,862 25.74 Qwest - Iowa IA 62,513 12,605 49,886 79.80 SBC - Southwestern Bell - Kansas KS 95,732 42,963 52,287 54.62 ALLTEL Kentucky, Inc. - London KY 22,658 14,179 5,465 24.12 ALLTEL Kentucky, Inc. - Lexington KY 88,489 46,729 28,724 32.46 Cincinnati Bell Telephone Company - Kentucky KY 52,139 48,861 3,329 6.38 BellSouth - Kentucky KY 147,875 97,682 49,892 33.74 BellSouth - Louisiana LA 268,690 178,941 89,275 33.23 Verizon - New England - Maine ME 49,554 27,030 22,526 45.46 Verizon - Maryland MD 210,349 83,619 126,693 60.23 Verizon - New England - Massachusetts MA (47,814) (86,866) 39,097 -81.77 Verizon - North - Michigan MI 78,301 51,829 26,437 33.76 SBC - Ameritech - Michigan MI 288,712 133,929 153,385 53.13 Qwest - Minnesota MN 145,506 47,114 98,365 67.60 BellSouth - Mississippi MS 244,205 200,679 43,215 17.70 SBC - Southwestern Bell - Missouri MO 216,432 116,822 98,555 45.54 Sprint - United Telephone Company of Missouri MO 69,166 43,167 25,999 37.59 Qwest - Montana MT 52,306 30,713 21,580 41.26 Aliant Telecommunications - Nebraska NE 48,421 37,531 6,932 14.32 Qwest - Nebraska NE 55,930 27,466 28,459 50.88 Sprint - Centel of Nevada NV 59,097 (5,873) 64,970 109.94 Verizon - Contel Nevada NV 5,328 1,472 3,856 72.37 SBC - Nevada Bell NV 12,890 (5,165) 17,659 137.00 Verizon - New England - New Hampshire NH 35,223 11,623 23,610 67.03 Verizon - New Jersey NJ 345,326 80,926 264,350 76.55 Sprint - United Telephone Company of New Jersey NJ 33,973 2,718 31,253 91.99 Subject to 11 - 11 11 Table 11.5 Net Income - Continued ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM 94,369 36,492 57,838 61.29 % Valor - New Mexico 1 NM 7,977 3,967 4,010 50.27 Valor - New Mexico 2 NM 10,011 5,164 4,847 48.42 Citizens - Red Hook NY 4,980 3,276 1,704 34.22 Citizens - Upstate NY 86,172 47,374 38,798 45.02 Citizens - Western Counties NY 8,431 4,846 3,585 42.52 Verizon New York Telephone NY (384,165) (276,789) (107,155) 27.89 Citizens - Frontier of Rochester NY 74,713 42,636 32,077 42.93 ALLTEL - Carolina NC 52,335 39,136 13,308 25.43 Sprint - Centel of North Carolina NC 33,790 16,833 16,957 50.18 Verizon - South - Contel - North Carolina NC 13,193 7,712 3,657 27.72 Verizon - South - North Carolina NC 15,028 12,541 2,477 16.48 BellSouth - North Carolina NC 261,461 142,188 118,467 45.31 Sprint - Carolina Tel. & Tel. of North Carolina NC 274,290 158,915 115,376 42.06 Qwest - North Dakota ND 38,435 18,290 21,128 54.97 ALLTEL - Western Reserve - Ohio OH 53,900 41,871 12,030 22.32 Cincinnati Bell Telephone Company - Ohio OH 205,781 142,035 64,908 31.54 Verizon - North - Ohio OH 84,958 34,557 50,224 59.12 SBC - Ameritech - Ohio Bell OH 206,584 107,228 98,294 47.58 Sprint - United Telephone Company of Ohio OH 113,713 74,244 39,469 34.71 SBC - Southwestern Bell - Oklahoma OK 156,056 90,800 64,762 41.50 Valor - Oklahoma OK 17,294 9,881 7,413 42.86 Verizon - Northwest - Oregon OR 48,509 6,900 41,595 85.75 Qwest - Oregon OR 100,296 21,208 79,018 78.78 Sprint - United Tel. Co. of the Northwest - Oregon OR 11,995 5,167 6,829 56.93 ALLTEL - Pennsylvania PA 60,987 46,224 14,763 24.21 Verizon - North - Contel/ Pennsylania PA 7,184 3,419 3,761 52.35 Verizon - North - Contel/ Quaker State PA 5,297 2,978 2,318 43.76 Verizon - North - Pennsylvania PA 35,358 10,168 25,176 71.20 Verizon - Pennsylvania PA 394,101 124,545 269,484 68.38 Sprint - United Telephone Co. of Pennsylvania PA 97,630 61,450 36,181 37.06 Verizon - Puerto Rico Telephone Company - Central PR 1,621 (5,765) 7,385 455.58 Verizon - Puerto Rico Telephone Company PR 114,637 82,992 31,643 27.60 Verizon - New England - Rhode Island RI (16,301) (21,204) 4,912 -30.13 Verizon - South - Contel - South Carolina SC 2,742 1,550 1,233 44.97 Verizon - South Carolina SC 31,053 16,230 14,820 47.72 BellSouth - South Carolina SC 165,350 105,187 59,866 36.21 Qwest - South Dakota SD 20,606 7,846 12,757 61.91 BellSouth - Tennessee TN 279,821 177,344 101,933 36.43 Sprint - UTC - Southeast - Tennessee TN 35,879 13,998 21,879 60.98 Sprint - Centel of Texas TX 57,838 32,438 25,400 43.92 Verizon - SW - Contel Texas TX 3,488 537 2,945 84.43 Verizon - SW Texas TX 128,498 51,259 77,175 60.06 SBC - Southwestern Bell - Texas TX 657,125 425,341 227,281 34.59 Sprint - United Telephone Company of Texas TX 35,720 24,216 11,504 32.21 Valor - Texas TX 115,980 99,437 16,544 14.26 Qwest - Utah UT 102,415 31,956 70,411 68.75 Verizon - New England - Vermont VT 21,951 9,782 12,170 55.44 Sprint - Centel of Virginia VA 55,742 28,711 27,032 48.49 Verizon - South - Contel - Virginia VA 70,790 25,811 44,977 63.54 Verizon - Virginia VA 275,701 81,920 193,736 70.27 Verizon - South - Virginia VA 6,336 1,441 4,958 78.25 Sprint - UTC - Southeast - Virginia VA 17,985 10,666 7,318 40.69 CenturyTel - Washington WA 37,315 20,508 16,807 45.04 Verizon - NW - Contel - Washington WA 10,687 1,602 9,061 84.79 Verizon - NW - Washington WA 63,796 (11,488) 75,138 117.78 Qwest - Washington WA 195,246 42,597 152,605 78.16 Sprint - United Tel. Co. of the NW - Washington WA 13,491 6,392 7,099 52.62 Verizon - West Virginia WV 55,643 23,719 31,907 57.34 Verizon - North - Wisconsin WI 23,834 12,314 11,505 48.27 SBC - Ameritech - Wisconsin Bell WI 121,046 40,558 80,169 66.23 Qwest - Wyoming WY 35,071 10,011 25,050 71.43 Subject to 11 - 12 12 Table 11.6 Average Net Investment ($ 000) - 2004 Study Area State Percent Rate of Code Separations Intrastate Interstate Interstate Return All Reporting Local Exchange Companies $88,493,667 $61,230,810 $31,100,646 35.14 % 21.70 % Bell Operating Companies 79,460,394 54,352,788 28,872,406 36.34 19.90 Other Reporting Local Exchange Companies 9,033,273 6,878,022 2,228,240 24.67 45.02 CenturyTel of Alabama, LLC - Northern Alabama AL 94,139 72,715 21,913 23.28 21.79 CenturyTel of Alabama, LLC - Southern Alabama AL 145,733 107,902 38,663 26.53 30.41 BellSouth - Alabama AL 1,401,833 1,021,682 440,518 31.42 19.03 Verizon - California - Contel - Arizona AZ 4,636 3,535 1,350 29.12 4.44 Qwest - Arizona AZ 1,799,420 1,230,699 576,526 32.04 19.55 SBC - Southwestern Bell - Arkansas AR 512,935 360,793 148,522 28.96 33.91 Verizon - Contel - California CA 293,888 217,279 77,273 26.29 39.79 Verizon - NW - West Coast California CA 13,888 9,927 4,180 30.10 -7.97 Verizon - GTE - California CA 1,082,317 622,870 829,743 76.66 36.62 SBC - Pacific Bell - California CA 4,663,981 3,129,470 1,786,205 38.30 30.96 Sure/ West/ Roseville Tel - California CA 175,409 128,414 48,628 27.72 0.02 Qwest - Colorado CO 2,527,350 1,875,621 673,970 26.67 30.59 SBC - SNET - CT CT 1,236,607 878,408 448,522 36.27 21.70 Verizon - Delaware DE 317,002 219,197 109,092 34.41 29.88 Verizon - District of Columbia DC 541,936 288,871 276,222 50.97 12.10 Verizon - Florida FL 1,266,671 908,536 438,109 34.59 30.93 BellSouth - Florida FL 3,554,132 2,585,779 1,161,751 32.69 28.15 Sprint - Florida FL 1,563,127 1,220,962 347,227 22.21 58.53 ALLTEL Georgia Communications GA 309,716 220,762 90,463 29.21 14.55 BellSouth - Georgia GA 3,875,863 2,696,938 1,332,536 34.38 12.77 Verizon - Hawaii HI 441,674 329,631 219,063 49.60 11.33 Verizon - NW - Idaho ID 106,856 76,612 37,073 34.69 35.63 Qwest - Idaho South ID 270,728 173,936 101,955 37.66 35.75 Qwest - Idaho North ID 21,594 14,907 8,417 38.98 30.83 Verizon - North - Contel Illinois IL 52,054 36,042 26,107 50.15 42.94 Verizon - South - Illinois IL 36,192 26,759 6,508 17.98 14.98 Verizon - North - Illinois IL 300,245 213,081 165,320 55.06 22.45 SBC - Ameritech - Illinois Bell IL 2,464,688 1,816,984 846,298 34.34 23.74 Verizon - North - Contel/ Indiana IN 84,576 57,684 34,600 40.91 42.42 Verizon - North - Indiana IN 213,138 128,923 146,559 68.76 23.33 SBC - Ameritech - Indiana Bell IN 495,434 259,074 296,124 59.77 19.70 Sprint - United Tel Company of Indiana IN 107,713 87,926 25,530 23.70 99.64 Iowa Telecom - Iowa IA 91,207 70,534 19,690 21.59 45.41 Iowa Telecom - Iowa North IA 117,954 91,108 25,343 21.49 25.58 Iowa Telecom - Iowa System IA 97,269 74,321 22,185 22.81 21.92 Qwest - Iowa IA 531,204 372,514 161,802 30.46 30.83 SBC - Southwestern Bell - Kansas KS 692,381 500,745 185,504 26.79 28.19 ALLTEL Kentucky, Inc. - London KY 110,963 86,278 25,022 22.55 21.84 ALLTEL Kentucky, Inc. - Lexington KY 364,917 274,633 92,040 25.22 31.21 Cincinnati Bell Telephone Company - Kentucky KY 116,161 88,782 27,335 23.53 12.18 BellSouth - Kentucky KY 743,942 542,458 238,426 32.05 20.93 BellSouth - Louisiana LA 1,167,132 897,220 339,931 29.13 26.26 Verizon - New England - Maine ME 447,371 306,845 138,306 30.92 16.29 Verizon - Maryland MD 1,629,581 979,687 734,977 45.10 17.24 Verizon - New England - Massachusetts MA 2,538,332 1,536,236 1,056,255 41.61 3.70 Verizon - North - Michigan MI 317,102 218,639 176,858 55.77 14.95 SBC - Ameritech - Michigan MI 1,286,047 816,833 628,445 48.87 24.41 Qwest - Minnesota MN 1,104,525 744,428 382,164 34.60 25.74 BellSouth - Mississippi MS 876,624 672,205 253,917 28.97 17.02 SBC - Southwestern Bell - Missouri MO 1,384,931 905,634 470,601 33.98 20.94 Sprint - United Telephone Company of Missouri MO 182,334 140,043 49,881 27.36 52.12 Qwest - Montana MT 219,334 160,269 61,552 28.06 35.06 Aliant Telecommunications - Nebraska NE 124,098 90,232 34,926 28.14 19.85 Qwest - Nebraska NE 275,176 185,600 97,117 35.29 29.30 Verizon - California - Contel Nevada NV 533,677 421,727 114,833 21.52 56.58 SBC - Nevada Bell NV 38,591 25,553 14,087 36.50 27.37 Sprint - Centel of Nevada NV 228,843 168,243 70,793 30.94 24.94 Verizon - New England - New Hampshire NH 616,863 409,105 205,660 33.34 11.48 Verizon - New Jersey NJ 1,887,602 870,699 1,190,969 63.09 22.20 Sprint - United Telephone Company of New Jersey NJ 147,740 116,323 34,386 23.27 90.89 Subject to 11 - 13 13 Table 11.6 Average Net Investment - Continued ($ 000) - 2004 Study Area State Percent Rate of Code Separations Intrastate Interstate Interstate Return Qwest - New Mexico NM 551,492 406,391 152,795 27.71 % 37.85 % Valor - New Mexico 1 NM 38,990 23,323 15,939 40.88 25.16 Valor - New Mexico 2 NM 49,764 33,222 16,791 33.74 28.87 Citizens - Red Hook NY 16,998 10,991 6,007 35.34 28.37 Citizens - Upstate NY 259,682 194,302 65,380 25.18 59.34 Citizens - Western Counties NY 28,547 21,489 7,058 24.72 50.79 Verizon New York Telephone NY 7,739,494 5,190,540 2,665,213 34.44 -4.02 Citizens - Frontier of Rochester NY 522,946 394,910 128,036 24.48 25.05 ALLTEL - Carolina NC 202,184 143,543 59,601 29.48 22.33 Sprint - Centel of North Carolina NC 187,408 146,470 41,622 22.21 40.74 Verizon - South - Contel - North Carolina NC 97,977 71,170 28,870 29.47 12.67 Verizon - South - North Carolina NC 144,947 100,675 55,856 38.54 4.43 BellSouth - North Carolina NC 1,738,095 1,252,026 566,066 32.57 20.93 Sprint - Carolina Tel. & Tel. of North Carolina NC 614,041 482,041 137,990 22.47 83.61 Qwest - North Dakota ND 79,665 47,777 35,513 44.58 59.49 ALLTEL - Western Reserve - Ohio OH 135,285 98,489 37,559 27.76 32.03 Cincinnati Bell Telephone Company - Ohio OH 501,785 392,915 108,694 21.66 59.72 Verizon - North - Ohio OH 419,122 315,296 184,502 44.02 27.22 SBC - Ameritech - Ohio Bell OH 1,741,262 1,299,649 577,990 33.19 17.01 Sprint - United Telephone Company of Ohio OH 275,765 216,648 76,563 27.76 51.55 SBC - Southwestern Bell - Oklahoma OK 751,564 560,006 184,869 24.60 35.03 Valor - Oklahoma OK 124,463 84,987 40,048 32.18 18.51 Verizon - Northwest - Oregon OR 339,783 235,260 119,874 35.28 34.70 Sprint - United Tel. Co. of the Northwest - Oregon OR 1,003,902 731,671 294,244 29.31 26.85 Qwest - Oregon OR 56,936 43,156 15,250 26.78 44.78 ALLTEL - Pennsylvania PA 165,189 118,209 47,824 28.95 30.87 Verizon - North - Contel/ Pennsylania PA 12,460 7,859 11,207 89.94 33.56 Verizon - North - Contel/ Quaker State PA 22,180 15,028 8,123 36.62 28.54 Verizon - North - Pennsylvania PA 225,858 151,791 123,952 54.88 20.31 Verizon - Pennsylvania PA 2,833,950 1,893,909 1,109,417 39.15 24.29 Sprint - United Telephone Co. of Pennsylvania PA 193,860 155,072 42,676 22.01 84.78 Verizon - Puerto Rico Telephone Company - Central PR 79,949 60,370 20,246 25.32 36.48 Verizon - Puerto Rico Telephone Company PR 551,672 393,596 162,443 29.45 19.48 Verizon - New England - Rhode Island RI 235,578 138,061 98,136 41.66 5.01 Verizon - South - Contel - South Carolina SC 23,309 16,960 6,721 28.83 18.35 Verizon - South Carolina SC 108,324 80,229 34,635 31.97 42.79 BellSouth - South Carolina SC 898,122 642,376 297,098 33.08 20.15 Qwest - South Dakota SD 136,814 79,205 59,853 43.75 21.31 BellSouth - Tennessee TN 1,529,592 1,091,910 510,119 33.35 19.98 Sprint - UTC - Southeast - Tennessee TN 152,884 122,074 32,808 21.46 66.69 Sprint - Centel of Texas TX 253,582 209,674 44,844 17.68 56.64 Verizon - SW - Contel Texas TX 82,731 63,968 24,268 29.33 12.14 Verizon - SW Texas TX 1,090,370 761,183 421,949 38.70 18.29 SBC - Southwestern Bell - Texas TX 5,835,094 3,881,513 1,967,714 33.72 11.55 Sprint - United Telephone Company of Texas TX 167,073 129,624 41,158 24.63 27.95 Valor - Texas TX 174,755 91,906 84,206 48.19 19.65 Qwest - Utah UT 859,593 602,927 267,281 31.09 26.34 Verizon - New England - Vermont VT 207,496 120,063 86,731 41.80 14.03 Sprint - Centel of Virginia VA 248,857 187,704 61,071 24.54 44.26 Verizon - South - Contel - Virginia VA 358,117 244,387 129,030 36.03 34.86 Verizon - Virginia VA 2,067,182 1,384,992 758,130 36.67 25.55 Verizon - South - Virginia VA 24,843 17,436 8,979 36.14 55.22 Sprint - UTC - Southeast - Virginia VA 75,161 58,999 17,262 22.97 42.39 CenturyTel - Washington WA 217,946 159,670 59,079 27.11 28.45 Verizon - NW - Contel - Washington WA 123,198 96,010 28,714 23.31 31.56 Verizon - NW - Washington WA 887,725 698,394 219,699 24.75 34.20 Qwest - Washington WA 1,823,791 1,406,962 449,272 24.63 33.97 Sprint - United Tel. Co. of the NW - Washington WA 87,015 65,942 22,709 26.10 31.26 Verizon - West Virginia WV 369,381 238,705 151,399 40.99 21.07 Verizon - North - Wisconsin WI 185,696 129,275 95,148 51.24 12.09 SBC - Ameritech - Wisconsin Bell WI 587,638 348,144 305,821 52.04 26.21 Qwest - Wyoming WY 127,209 80,923 50,622 39.79 49.48 Subject to 11 - 14 14 Table 11.7 Total Operating Revenues ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies $97,295,706 $64,917,393 $32,378,317 33.28 % Bell Operating Companies $89,077,283 $59,141,011 $29,936,275 33.61 Other Reporting Local Exchange Companies $8,218,423 $5,776,382 $2,442,042 29.71 CenturyTel of Alabama, LLC - Northern Alabama AL 93,080 70,494 22,586 24.27 CenturyTel of Alabama, LLC - Southern Alabama AL 124,612 88,461 36,151 29.01 BellSouth - Alabama AL 1,316,501 935,810 380,690 28.92 Verizon - California - Contel - Arizona AZ 8,475 5,573 2,902 34.24 Qwest - Arizona AZ 1,480,784 899,632 581,152 39.25 SBC - Southwestern Bell - Arkansas AR 689,506 485,796 203,710 29.54 Verizon - Contel - California CA 271,840 180,323 91,517 33.67 Verizon - NW - West Coast California CA 8,497 7,346 1,151 13.55 Verizon - GTE - California CA 2,611,120 1,721,480 889,640 34.07 SBC - Pacific Bell - California CA 8,139,412 5,582,020 2,557,392 31.42 Sure/ West/ Roseville Tel - California CA 137,114 99,853 37,261 27.18 Qwest - Colorado CO 1,855,673 1,153,248 702,425 37.85 SBC - SNET - CT CT 1,464,634 981,632 483,000 32.98 Verizon - Delaware DE 322,317 187,111 135,205 41.95 Verizon - District of Columbia DC 615,899 359,079 256,820 41.70 Verizon - Florida FL 1,473,781 919,606 554,175 37.60 BellSouth - Florida FL 4,121,635 2,720,317 1,401,318 34.00 Sprint - Florida FL 1,309,097 865,208 443,888 33.91 ALLTEL Georgia Communications GA 250,584 188,170 62,415 24.91 BellSouth - Georgia GA 2,935,488 1,903,855 1,031,633 35.14 Verizon - Hawaii HI 440,335 282,836 157,499 35.77 Verizon - NW - Idaho ID 106,330 58,416 47,913 45.06 Qwest - Idaho South ID 306,598 186,626 119,972 39.13 Qwest - Idaho North ID 19,157 11,559 7,598 39.66 Verizon - North - Contel Illinois IL 80,074 50,493 29,581 36.94 Verizon - South - Illinois IL 18,763 12,802 5,961 31.77 Verizon - North - Illinois IL 378,137 248,466 129,671 34.29 SBC - Ameritech - Illinois Bell IL 3,289,616 2,334,076 955,540 29.05 Verizon - North - Contel/ Indiana IN 124,455 80,125 44,330 35.62 Verizon - North - Indiana IN 482,395 309,947 172,449 35.75 SBC - Ameritech - Indiana Bell IN 1,131,355 811,186 320,169 28.30 Sprint - United Tel Company of Indiana IN 158,511 111,174 47,338 29.86 Iowa Telecom - Iowa IA 56,897 39,751 17,146 30.14 Iowa Telecom - Iowa North IA 76,156 56,792 19,364 25.43 Iowa Telecom - Iowa System IA 46,607 34,191 12,416 26.64 Qwest - Iowa IA 572,314 351,250 221,065 38.63 SBC - Southwestern Bell - Kansas KS 717,255 465,949 251,306 35.04 ALLTEL Kentucky, Inc. - London KY 68,347 48,590 19,757 28.91 ALLTEL Kentucky, Inc. - Lexington KY 304,714 204,690 100,024 32.83 Cincinnati Bell Telephone Company - Kentucky KY 132,833 110,599 22,234 16.74 BellSouth - Kentucky KY 799,465 559,258 240,207 30.05 BellSouth - Louisiana LA 1,493,595 1,072,913 420,683 28.17 Verizon - New England - Maine ME 447,817 299,937 147,880 33.02 Verizon - Maryland MD 2,144,673 1,389,682 754,991 35.20 Verizon - New England - Massachusetts MA 2,320,754 1,458,873 861,881 37.14 Verizon - North - Michigan MI 401,340 288,647 112,693 28.08 SBC - Ameritech - Michigan MI 2,563,538 1,839,312 724,226 28.25 Qwest - Minnesota MN 1,127,044 704,822 422,222 37.46 BellSouth - Mississippi MS 1,057,715 794,329 263,386 24.90 SBC - Southwestern Bell - Missouri MO 1,510,880 1,016,632 494,248 32.71 Sprint - United Telephone Company of Missouri MO 192,168 135,030 57,138 29.73 Qwest - Montana MT 245,023 155,887 89,138 36.38 Aliant Telecommunications - Nebraska NE 173,900 127,847 46,052 26.48 Qwest - Nebraska NE 352,779 217,314 135,467 38.40 Sprint - Centel of Nevada NV 475,776 307,240 168,536 35.42 Verizon - Contel Nevada NV 26,761 13,644 13,117 49.02 SBC - Nevada Bell NV 192,779 116,904 75,875 39.36 Verizon - New England - New Hampshire NH 424,815 263,917 160,898 37.87 Verizon - New Jersey NJ 3,301,400 2,002,642 1,298,759 39.34 Sprint - United Telephone Company of New Jersey NJ 134,169 80,010 54,158 40.37 Subject to 11 - 15 15 Table 11.7 Total Operating Revenues - Continued ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM 539,103 333,216 205,887 38.19 % Valor - New Mexico 1 NM 31,224 18,829 12,395 39.70 Valor - New Mexico 2 NM 33,918 21,659 12,259 36.14 Citizens - Red Hook NY 12,599 8,491 4,108 32.61 Citizens - Upstate NY 207,970 140,196 67,774 32.59 Citizens - Western Counties NY 21,501 14,494 7,007 32.59 Verizon New York Telephone NY 6,648,788 4,435,201 2,213,588 33.29 Citizens - Frontier of Rochester NY 325,541 245,663 79,878 24.54 ALLTEL - Carolina NC 140,770 99,420 41,351 29.37 Sprint - Centel of North Carolina NC 161,614 116,290 45,324 28.04 Verizon - South - Contel - North Carolina NC 90,428 63,002 27,426 30.33 Verizon - South - North Carolina NC 165,501 103,901 61,600 37.22 BellSouth - North Carolina NC 1,492,167 978,450 513,717 34.43 Sprint - Carolina Tel. & Tel. of North Carolina NC 740,907 508,929 231,978 31.31 Qwest - North Dakota ND 131,211 79,020 52,189 39.77 ALLTEL - Western Reserve - Ohio OH 130,758 94,749 36,010 27.54 Cincinnati Bell Telephone Company - Ohio OH 556,167 416,421 139,746 25.13 Verizon - North - Ohio OH 521,545 370,000 151,545 29.06 SBC - Ameritech - Ohio Bell OH 2,046,895 1,436,698 610,197 29.81 Sprint - United Telephone Company of Ohio OH 400,574 288,898 111,676 27.88 SBC - Southwestern Bell - Oklahoma OK 903,512 614,382 289,131 32.00 Valor - Oklahoma OK 76,851 52,220 24,631 32.05 Verizon - Northwest - Oregon OR 311,909 184,014 127,895 41.00 Qwest - Oregon OR 783,822 480,730 303,091 38.67 Sprint - United Tel. Co. of the Northwest - Oregon OR 52,018 34,868 17,151 32.97 ALLTEL - Pennsylvania PA 150,008 110,902 39,106 26.07 Verizon - North - Contel/ Pennsylania PA 40,363 27,384 12,979 32.16 Verizon - North - Contel/ Quaker State PA 27,375 18,734 8,641 31.57 Verizon - North - Pennsylvania PA 305,439 203,058 102,381 33.52 Verizon - Pennsylvania PA 3,185,832 1,947,408 1,238,424 38.87 Sprint - United Telephone Co. of Pennsylvania PA 266,963 193,434 73,529 27.54 Verizon - Puerto Rico Telephone Company - Central PR 95,878 64,330 31,548 32.90 Verizon - Puerto Rico Telephone Company PR 748,670 544,788 203,882 27.23 Verizon - New England - Rhode Island RI 276,455 178,936 97,519 35.27 Verizon - South - Contel - South Carolina SC 17,615 10,876 6,739 38.26 Verizon - South Carolina SC 134,028 92,078 41,950 31.30 BellSouth - South Carolina SC 968,463 677,224 291,240 30.07 Qwest - South Dakota SD 146,668 91,909 54,760 37.34 BellSouth - Tennessee TN 1,589,879 1,091,566 498,313 31.34 Sprint - UTC - Southeast - Tennessee TN 150,393 103,343 47,049 31.28 Sprint - Centel of Texas TX 171,402 119,825 51,578 30.09 Verizon - SW - Contel Texas TX 64,755 45,356 19,400 29.96 Verizon - SW Texas TX 1,132,120 771,361 360,759 31.87 SBC - Southwestern Bell - Texas TX 6,018,054 4,298,634 1,719,419 28.57 Sprint - United Telephone Company of Texas TX 129,266 96,347 32,919 25.47 Valor - Texas TX 281,485 216,522 64,963 23.08 Qwest - Utah UT 626,497 366,538 259,959 41.49 Verizon - New England - Vermont VT 216,744 139,296 77,448 35.73 Sprint - Centel of Virginia VA 198,771 138,664 60,107 30.24 Verizon - South - Contel - Virginia VA 391,829 236,791 155,037 39.57 Verizon - Virginia VA 2,053,153 1,241,132 812,020 39.55 Verizon - South - Virginia VA 32,134 18,918 13,217 41.13 Sprint - UTC - Southeast - Virginia VA 68,531 49,293 19,237 28.07 CenturyTel - Washington WA 118,947 80,727 38,220 32.13 Verizon - NW - Contel - Washington WA 57,975 33,271 24,705 42.61 Verizon - NW - Washington WA 528,261 300,284 227,977 43.16 Qwest - Washington WA 1,358,971 842,026 516,946 38.04 Sprint - United Tel. Co. of the NW - Washington WA 55,680 38,098 17,582 31.58 Verizon - West Virginia WV 590,657 402,661 187,995 31.83 Verizon - North - Wisconsin WI 213,003 150,705 62,298 29.25 SBC - Ameritech - Wisconsin Bell WI 1,039,918 716,150 323,768 31.13 Qwest - Wyoming WY 188,942 109,711 79,230 41.93 Subject to 11 - 16 16 Table 11.8 Other Operating Income or Loss ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies $61,683 $43,053 $18,632 30.21 % Bell Operating Companies 61,916 43,229 18,688 30.18 Other Reporting Local Exchange Companies (233) (176) (56) 24.03 CenturyTel of Alabama, LLC - Northern Alabama AL 0 0 0 0.00 CenturyTel of Alabama, LLC - Southern Alabama AL 0 0 0 0.00 BellSouth - Alabama AL 30 22 8 26.67 Verizon - California - Contel - Arizona AZ 0 0 0 0.00 Qwest - Arizona AZ 29 22 7 24.14 SBC - Southwestern Bell - Arkansas AR 376 271 105 27.93 Verizon - Contel - California CA 3 2 1 33.33 Verizon - NW - West Coast California CA 0 0 0 0.00 Verizon - GTE - California CA 9,639 7,264 2,374 24.63 SBC - Pacific Bell - California CA 6,098 4,494 1,604 26.30 Sure/ West/ Roseville Tel - California CA 0 0 0 0.00 Qwest - Colorado CO 203 152 51 25.12 SBC - SNET - CT CT 1,325 927 398 30.04 Verizon - Delaware DE 37 25 12 32.43 Verizon - District of Columbia DC 2,086 1,247 839 40.22 Verizon - Florida FL 773 565 209 27.04 BellSouth - Florida FL 151 110 42 27.81 Sprint - Florida FL (41) (31) (10) 24.39 ALLTEL Georgia Communications GA 0 0 0 0.00 BellSouth - Georgia GA (101) (73) (29) 28.71 Verizon - Hawaii HI 3,060 2,300 760 24.84 Verizon - NW - Idaho ID 2 1 0 0.00 Qwest - Idaho South ID 233 158 75 32.19 Qwest - Idaho North ID 0 0 0 0.00 Verizon - North - Contel Illinois IL 3 3 1 33.33 Verizon - South - Illinois IL 10 7 2 20.00 Verizon - North - Illinois IL 69 53 16 23.19 SBC - Ameritech - Illinois Bell IL 532 407 126 23.68 Verizon - North - Contel/ Indiana IN 29 22 7 24.14 Verizon - North - Indiana IN 81 61 20 24.69 SBC - Ameritech - Indiana Bell IN 196 145 51 26.02 Sprint - United Tel Company of Indiana IN 0 0 0 0.00 Iowa Telecom - Iowa IA 0 0 0 0.00 Iowa Telecom - Iowa North IA 0 0 0 0.00 Iowa Telecom - Iowa System IA 0 0 0 0.00 Qwest - Iowa IA (20) (15) (6) 30.00 SBC - Southwestern Bell - Kansas KS 179 125 55 30.73 ALLTEL Kentucky, Inc. - London KY 0 0 0 0.00 ALLTEL Kentucky, Inc. - Lexington KY 0 0 0 0.00 Cincinnati Bell Telephone Company - Kentucky KY 0 0 0 0.00 BellSouth - Kentucky KY 7 5 2 28.57 BellSouth - Louisiana LA (232) (174) (58) 25.00 Verizon - New England - Maine ME 18 12 5 27.78 Verizon - Maryland MD 548 371 178 32.48 Verizon - New England - Massachusetts MA 12,535 8,094 4,441 35.43 Verizon - North - Michigan MI 39 30 9 23.08 SBC - Ameritech - Michigan MI 315 243 72 22.86 Qwest - Minnesota MN (276) (203) (72) 26.09 BellSouth - Mississippi MS 5 4 1 20.00 SBC - Southwestern Bell - Missouri MO 2,361 1,634 727 30.79 Sprint - United Telephone Company of Missouri MO (1) (1) 0 0.00 Qwest - Montana MT 23 17 6 26.09 Aliant Telecommunications - Nebraska NE 0 0 0 0.00 Qwest - Nebraska NE (84) (55) (29) 34.52 Sprint - Centel of Nevada NV (1) (1) 0 0.00 Verizon - Contel Nevada NV 0 0 0 0.00 SBC - Nevada Bell NV 30 21 9 30.00 Verizon - New England - New Hampshire NH 47 31 16 34.04 Verizon - New Jersey NJ 10,349 6,958 3,392 32.78 Sprint - United Telephone Company of New Jersey NJ 0 0 0 0.00 Subject to 11 - 17 17 Table 11.8 Other Operating Income or Loss - Continued ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM 0 0 0 0.00 % Valor - New Mexico 1 NM 0 0 0 0.00 Valor - New Mexico 2 NM 0 0 0 0.00 Citizens - Red Hook NY 0 0 0 0.00 Citizens - Upstate NY 0 0 0 0.00 Citizens - Western Counties NY 0 0 0 0.00 Verizon New York Telephone NY (465) (310) (155) 33.33 Citizens - Frontier of Rochester NY 0 0 0 0.00 ALLTEL - Carolina NC 0 0 0 0.00 Sprint - Centel of North Carolina NC 0 0 0 0.00 Verizon - South - Contel - North Carolina NC 3 2 1 33.33 Verizon - South - North Carolina NC 101 74 26 25.74 BellSouth - North Carolina NC 11 8 3 27.27 Sprint - Carolina Tel. & Tel. of North Carolina NC (145) (109) (36) 24.83 Qwest - North Dakota ND 0 0 0 0.00 ALLTEL - Western Reserve - Ohio OH 0 0 0 0.00 Cincinnati Bell Telephone Company - Ohio OH 0 0 0 0.00 Verizon - North - Ohio OH 32 25 8 25.00 SBC - Ameritech - Ohio Bell OH 429 317 112 26.11 Sprint - United Telephone Company of Ohio OH (1) (1) 0 0.00 SBC - Southwestern Bell - Oklahoma OK 327 234 92 28.13 Valor - Oklahoma OK 0 0 0 0.00 Verizon - Northwest - Oregon OR 77 56 21 27.27 Qwest - Oregon OR 4,230 2,990 1,240 29.31 Sprint - United Tel. Co. of the Northwest - Oregon OR 0 0 0 0.00 ALLTEL - Pennsylvania PA 0 0 0 0.00 Verizon - North - Contel/ Pennsylania PA 2 1 0 0.00 Verizon - North - Contel/ Quaker State PA 0 0 0 0.00 Verizon - North - Pennsylvania PA 2 1 0 0.00 Verizon - Pennsylvania PA 248 173 76 30.65 Sprint - United Telephone Co. of Pennsylvania PA (1) (1) 0 0.00 Verizon - Puerto Rico Telephone Company - Central PR 0 0 0 0.00 Verizon - Puerto Rico Telephone Company PR 0 0 0 0.00 Verizon - New England - Rhode Island RI 30 21 9 30.00 Verizon - South - Contel - South Carolina SC 0 0 0 0.00 Verizon - South Carolina SC 12 9 3 25.00 BellSouth - South Carolina SC 19 14 5 26.32 Qwest - South Dakota SD 0 0 0 0.00 BellSouth - Tennessee TN 43 32 12 27.91 Sprint - UTC - Southeast - Tennessee TN 0 0 0 0.00 Sprint - Centel of Texas TX 0 0 0 0.00 Verizon - SW - Contel Texas TX 2 1 0 0.00 Verizon - SW Texas TX 113 84 30 26.55 SBC - Southwestern Bell - Texas TX 4,874 3,379 1,495 30.67 Sprint - United Telephone Company of Texas TX 0 0 0 0.00 Valor - Texas TX 0 0 0 0.00 Qwest - Utah UT (61) (40) (21) 34.43 Verizon - New England - Vermont VT 4 3 1 25.00 Sprint - Centel of Virginia VA (1) 0 0 0.00 Verizon - South - Contel - Virginia VA 18 14 5 27.78 Verizon - Virginia VA 151 105 46 30.46 Verizon - South - Virginia VA 4 3 1 25.00 Sprint - UTC - Southeast - Virginia VA (41) (31) (10) 24.39 CenturyTel - Washington WA 0 0 0 0.00 Verizon - NW - Contel - Washington WA 1 1 0 0.00 Verizon - NW - Washington WA 84 63 21 25.00 Qwest - Washington WA 52 38 14 26.92 Sprint - United Tel. Co. of the NW - Washington WA (1) (1) 0 0.00 Verizon - West Virginia WV 19 13 5 26.32 Verizon - North - Wisconsin WI 497 378 119 23.94 SBC - Ameritech - Wisconsin Bell WI 382 281 101 26.44 Qwest - Wyoming WY (33) (24) (9) 27.27 Subject to 11 - 18 18 Table 11.9 Total Operating Expenses ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies $76,111,544 $54,698,039 $21,479,097 28.22 % Bell Operating Companies 70,388,208 50,392,066 20,038,291 28.47 Other Reporting Local Exchange Companies 5,723,336 4,305,973 1,440,806 25.17 CenturyTel of Alabama, LLC - Northern Alabama AL 78,096 60,264 17,832 22.83 CenturyTel of Alabama, LLC - Southern Alabama AL 93,939 69,573 24,366 25.94 BellSouth - Alabama AL 863,298 621,811 242,218 28.06 Verizon - California - Contel - Arizona AZ 5,327 3,249 2,738 51.40 Qwest - Arizona AZ 1,285,714 934,418 351,407 27.33 SBC - Southwestern Bell - Arkansas AR 440,816 319,778 121,549 27.57 Verizon - Contel - California CA 183,299 139,962 43,700 23.84 Verizon - NW - West Coast California CA 6,210 4,444 1,741 28.04 Verizon - GTE - California CA 1,701,904 1,293,372 411,241 24.16 SBC - Pacific Bell - California CA 6,364,969 4,739,954 1,627,230 25.57 Sure/ West/ Roseville Tel - California CA 102,235 77,541 25,283 24.73 Qwest - Colorado CO 1,382,946 995,363 387,644 28.03 SBC - SNET - CT CT 1,149,971 832,948 317,393 27.60 Verizon - Delaware DE 251,353 171,321 80,039 31.84 Verizon - District of Columbia DC 482,392 298,938 183,466 38.03 Verizon - Florida FL 1,195,691 865,646 330,211 27.62 BellSouth - Florida FL 2,998,434 2,134,920 866,294 28.89 Sprint - Florida FL 982,299 741,236 241,063 24.54 ALLTEL Georgia Communications GA 149,003 103,850 49,307 33.09 BellSouth - Georgia GA 2,175,480 1,515,794 661,390 30.40 Verizon - Hawaii HI 379,104 282,907 96,218 25.38 Verizon - NW - Idaho ID 76,499 53,290 25,977 33.96 Qwest - Idaho South ID 201,372 136,705 64,678 32.12 Qwest - Idaho North ID 11,869 8,132 3,738 31.49 Verizon - North - Contel Illinois IL 49,126 37,048 12,092 24.61 Verizon - South - Illinois IL 18,180 13,475 4,708 25.90 Verizon - North - Illinois IL 285,638 216,260 69,463 24.32 SBC - Ameritech - Illinois Bell IL 2,588,293 1,974,638 617,051 23.84 Verizon - North - Contel/ Indiana IN 71,632 53,368 18,285 25.53 Verizon - North - Indiana IN 377,911 280,090 97,889 25.90 SBC - Ameritech - Indiana Bell IN 846,663 631,460 216,342 25.55 Sprint - United Tel Company of Indiana IN 88,867 66,947 21,920 24.67 Iowa Telecom - Iowa IA 30,963 22,770 8,193 26.46 Iowa Telecom - Iowa North IA 46,469 33,602 12,867 27.69 Iowa Telecom - Iowa System IA 27,677 20,132 7,544 27.26 Qwest - Iowa IA 437,909 305,921 132,011 30.15 SBC - Southwestern Bell - Kansas KS 516,926 362,792 154,878 29.96 ALLTEL Kentucky, Inc. - London KY 45,759 34,465 14,308 31.27 ALLTEL Kentucky, Inc. - Lexington KY 216,577 158,224 71,389 32.96 Cincinnati Bell Telephone Company - Kentucky KY 80,651 61,706 18,905 23.44 BellSouth - Kentucky KY 562,689 406,764 156,374 27.79 BellSouth - Louisiana LA 1,043,594 775,790 268,513 25.73 Verizon - New England - Maine ME 371,615 268,375 103,234 27.78 Verizon - Maryland MD 1,666,637 1,148,782 517,914 31.08 Verizon - New England - Massachusetts MA 2,391,079 1,572,971 818,039 34.21 Verizon - North - Michigan MI 286,597 217,961 68,689 23.97 SBC - Ameritech - Michigan MI 2,052,107 1,589,183 465,075 22.66 Qwest - Minnesota MN 893,789 637,455 256,362 28.68 BellSouth - Mississippi MS 685,387 496,761 189,096 27.59 SBC - Southwestern Bell - Missouri MO 1,010,638 695,692 316,570 31.32 Sprint - United Telephone Company of Missouri MO 124,440 93,261 31,179 25.06 Qwest - Montana MT 163,447 110,633 52,828 32.32 Aliant Telecommunications - Nebraska NE 125,583 90,392 39,148 31.17 Qwest - Nebraska NE 270,578 179,590 90,996 33.63 Sprint - Centel of Nevada NV 417,830 314,131 103,699 24.82 Verizon - Contel Nevada NV 18,562 11,392 7,171 38.63 SBC - Nevada Bell NV 168,588 120,770 48,429 28.73 Verizon - New England - New Hampshire NH 378,443 250,734 127,693 33.74 Verizon - New Jersey NJ 2,684,575 1,825,426 859,229 32.01 Sprint - United Telephone Company of New Jersey NJ 101,154 78,030 23,125 22.86 Subject to 11 - 19 19 Table 11.9 Total Operating Expenses - Continued ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM 407,165 290,674 116,530 28.62 % Valor - New Mexico 1 NM 23,508 15,123 8,385 35.67 Valor - New Mexico 2 NM 23,951 16,539 7,412 30.95 Citizens - Red Hook NY 7,619 5,215 2,404 31.55 Citizens - Upstate NY 121,798 92,822 28,976 23.79 Citizens - Western Counties NY 13,070 9,648 3,422 26.18 Verizon New York Telephone NY 6,863,498 4,611,630 2,251,530 32.80 Citizens - Frontier of Rochester NY 251,812 203,888 47,924 19.03 ALLTEL - Carolina NC 88,632 60,422 28,102 31.71 Sprint - Centel of North Carolina NC 128,016 99,614 28,402 22.19 Verizon - South - Contel - North Carolina NC 75,093 56,256 21,644 28.82 Verizon - South - North Carolina NC 154,006 113,656 40,365 26.21 BellSouth - North Carolina NC 1,093,177 773,869 320,410 29.31 Sprint - Carolina Tel. & Tel. of North Carolina NC 467,877 350,957 116,920 24.99 Qwest - North Dakota ND 91,114 61,161 29,952 32.87 ALLTEL - Western Reserve - Ohio OH 77,108 53,058 24,050 31.19 Cincinnati Bell Telephone Company - Ohio OH 343,466 267,669 74,640 21.73 Verizon - North - Ohio OH 394,825 299,080 95,929 24.30 SBC - Ameritech - Ohio Bell OH 1,604,682 1,190,143 415,896 25.92 Sprint - United Telephone Company of Ohio OH 287,263 214,938 72,324 25.18 SBC - Southwestern Bell - Oklahoma OK 614,151 440,160 174,749 28.45 Valor - Oklahoma OK 59,557 42,339 17,218 28.91 Verizon - Northwest - Oregon OR 224,531 162,966 61,588 27.43 Qwest - Oregon OR 613,201 434,247 179,024 29.19 Sprint - United Tel. Co. of the Northwest - Oregon OR 40,087 29,749 10,338 25.79 ALLTEL - Pennsylvania PA 89,389 64,948 24,440 27.34 Verizon - North - Contel/ Pennsylania PA 29,587 22,800 6,789 22.95 Verizon - North - Contel/ Quaker State PA 19,491 14,662 4,831 24.79 Verizon - North - Pennsylvania PA 244,570 185,525 59,067 24.15 Verizon - Pennsylvania PA 2,619,441 1,857,043 762,510 29.11 Sprint - United Telephone Co. of Pennsylvania PA 169,230 131,811 37,419 22.11 Verizon - Puerto Rico Telephone Company - Central PR 88,008 66,370 21,639 24.59 Verizon - Puerto Rico Telephone Company PR 590,133 425,635 164,499 27.87 Verizon - New England - Rhode Island RI 275,853 193,432 82,407 29.87 Verizon - South - Contel - South Carolina SC 13,759 10,209 3,487 25.34 Verizon - South Carolina SC 96,979 72,877 24,107 24.86 BellSouth - South Carolina SC 705,487 516,450 189,526 26.86 Qwest - South Dakota SD 109,903 75,059 34,848 31.71 BellSouth - Tennessee TN 1,162,175 832,260 330,746 28.46 Sprint - UTC - Southeast - Tennessee TN 114,852 89,605 25,248 21.98 Sprint - Centel of Texas TX 113,667 87,406 26,262 23.10 Verizon - SW - Contel Texas TX 62,997 48,267 14,738 23.39 Verizon - SW Texas TX 949,030 715,644 233,486 24.60 SBC - Southwestern Bell - Texas TX 4,581,718 3,263,053 1,325,593 28.93 Sprint - United Telephone Company of Texas TX 93,640 72,202 21,438 22.89 Valor - Texas TX 179,705 131,284 48,420 26.94 Qwest - Utah UT 493,367 342,821 150,594 30.52 Verizon - New England - Vermont VT 171,683 114,574 57,107 33.26 Sprint - Centel of Virginia VA 143,379 110,262 33,117 23.10 Verizon - South - Contel - Virginia VA 298,412 223,122 75,291 25.23 Verizon - Virginia VA 1,670,800 1,182,275 488,592 29.24 Verizon - South - Virginia VA 22,308 16,492 5,721 25.65 Sprint - UTC - Southeast - Virginia VA 50,504 38,595 11,909 23.58 CenturyTel - Washington WA 81,352 59,957 21,395 26.30 Verizon - NW - Contel - Washington WA 42,929 32,087 10,880 25.34 Verizon - NW - Washington WA 415,311 308,312 107,223 25.82 Qwest - Washington WA 1,061,586 772,821 288,810 27.21 Sprint - United Tel. Co. of the NW - Washington WA 42,312 31,798 10,513 24.85 Verizon - West Virginia WV 461,550 334,747 126,825 27.48 Verizon - North - Wisconsin WI 172,360 130,879 41,503 24.08 SBC - Ameritech - Wisconsin Bell WI 761,239 571,304 190,427 25.02 Qwest - Wyoming WY 134,838 93,221 41,625 30.87 Subject to 11 - 20 20 Table 11.10 Total Non- Operating Items ($ 000) - 2004 Study Area State Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies ($ 279,976) ($ 267,437) ($ 12,546) 4.48 % Bell Operating Companies (261,572) (251,053) (10,517) 4.02 Other Reporting Local Exchange Companies (18,404) (16,384) (2,029) 11.02 CenturyTel of Alabama, LLC - Northern Alabama AL (94) (73) (21) 22.34 CenturyTel of Alabama, LLC - Southern Alabama AL 102 76 26 25.49 BellSouth - Alabama AL (36,748) (37,036) 288 (0.78) Verizon - California - Contel - Arizona AZ (21) (17) (4) 19.05 Qwest - Arizona AZ 48,308 48,781 (473) (0.98) SBC - Southwestern Bell - Arkansas AR 32,878 32,860 17 0.05 Verizon - Contel - California CA (18,977) (18,927) (50) 0.26 Verizon - NW - West Coast California CA (52) (39) (13) 25.00 Verizon - GTE - California CA 22,638 23,009 (371) (1.64) SBC - Pacific Bell - California CA (2,853) (3,972) 1,120 (39.26) Sure/ West/ Roseville Tel - California CA (246) (174) (66) 26.83 Qwest - Colorado CO (53,605) (53,170) (434) 0.81 SBC - SNET - CT CT (351) (251) (100) 28.49 Verizon - Delaware DE (13,229) (13,147) (81) 0.61 Verizon - District of Columbia DC (20,529) (20,493) (36) 0.18 Verizon - Florida FL (80,726) (80,397) (329) 0.41 BellSouth - Florida FL (101,836) (102,003) 166 (0.16) Sprint - Florida FL (1,996) (1,578) (418) 20.94 ALLTEL Georgia Communications GA (211) (154) (57) 27.01 BellSouth - Georgia GA (58,563) (58,809) 246 (0.42) Verizon - Hawaii HI 1,937 1,961 (24) (1.24) Verizon - NW - Idaho ID 2,345 2,386 (41) (1.75) Qwest - Idaho South ID 8,965 9,034 (69) (0.77) Qwest - Idaho North ID 598 597 0 0.00 Verizon - North - Contel Illinois IL 1,806 1,824 (18) (1.00) Verizon - South - Illinois IL 82 82 0 0.00 Verizon - North - Illinois IL 11,043 11,052 (9) (0.08) SBC - Ameritech - Illinois Bell IL 63,485 63,572 (87) (0.14) Verizon - North - Contel/ Indiana IN 2,671 2,687 (17) (0.64) Verizon - North - Indiana IN 9,809 9,879 (70) (0.71) SBC - Ameritech - Indiana Bell IN 42,341 42,505 (163) (0.38) Sprint - United Tel Company of Indiana IN (21) (2) (19) 90.48 Iowa Telecom - Iowa IA 54 42 11 20.37 Iowa Telecom - Iowa North IA 71 57 15 21.13 Iowa Telecom - Iowa System IA 44 34 10 22.73 Qwest - Iowa IA 19,144 19,379 (235) (1.23) SBC - Southwestern Bell - Kansas KS 1,855 1,902 (47) (2.53) ALLTEL Kentucky, Inc. - London KY (70) (54) (16) 22.86 ALLTEL Kentucky, Inc. - Lexington KY (352) (263) (89) 25.28 Cincinnati Bell Telephone Company - Kentucky KY 43 32 0 0.00 BellSouth - Kentucky KY (17,188) (17,291) 103 (0.60) BellSouth - Louisiana LA (17,608) (17,859) 251 (1.43) Verizon - New England - Maine ME (14,862) (14,773) (89) 0.60 Verizon - Maryland MD 38,972 39,722 (750) (1.92) Verizon - New England - Massachusetts MA 37,342 38,724 (1,382) (3.70) Verizon - North - Michigan MI (19,859) (19,849) (10) 0.05 SBC - Ameritech - Michigan MI (13,517) (13,317) (200) 1.48 Qwest - Minnesota MN 4,189 4,492 (302) (7.21) BellSouth - Mississippi MS (33,882) (34,001) 119 (0.35) SBC - Southwestern Bell - Missouri MO 54,985 54,946 39 0.07 Sprint - United Telephone Company of Missouri MO (1,439) (1,399) (40) 2.78 Qwest - Montana MT (8,152) (8,099) (53) 0.65 Aliant Telecommunications - Nebraska NE (104) (76) (28) 26.92 Qwest - Nebraska NE (5,316) (5,227) (89) 1.67 Sprint - Centel of Nevada NV (1,152) (1,019) (133) 11.55 Verizon - Contel Nevada NV (48) (30) (19) 39.58 SBC - Nevada Bell NV 157 160 (4) (2.55) Verizon - New England - New Hampshire NH (47) 81 (128) 272.34 Verizon - New Jersey NJ 48,929 49,429 (500) (1.02) Sprint - United Telephone Company of New Jersey NJ (958) (738) (220) 22.96 Subject to 11 - 21 21 Table 11.10 Total Non- Operating Items - Continued ($ 000) - 2004 Study Area State Subject to Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM (15,763) (15,590) (173) 1.10 % Valor - New Mexico 1 NM (261) (261) 0 0.00 Valor - New Mexico 2 NM (44) (44) 0 0.00 Citizens - Red Hook NY 0 0 0 0.00 Citizens - Upstate NY 0 0 0 0.00 Citizens - Western Counties NY 0 0 0 0.00 Verizon New York Telephone NY (14,515) (11,794) (2,721) 18.75 Citizens - Frontier of Rochester NY (984) (861) (123) 12.50 ALLTEL - Carolina NC (197) (138) (59) 29.95 Sprint - Centel of North Carolina NC (192) (157) (35) 18.23 Verizon - South - Contel - North Carolina NC (3,713) (3,707) (6) 0.16 Verizon - South - North Carolina NC (3,560) (3,549) (11) 0.31 BellSouth - North Carolina NC (20,947) (21,221) 274 (1.31) Sprint - Carolina Tel. & Tel. of North Carolina NC (1,405) (1,052) (354) 25.20 Qwest - North Dakota ND 281 314 (34) (12.10) ALLTEL - Western Reserve - Ohio OH (250) (180) (70) 28.00 Cincinnati Bell Telephone Company - Ohio OH 6,920 6,717 198 2.86 Verizon - North - Ohio OH 5,675 5,687 (12) (0.21) SBC - Ameritech - Ohio Bell OH (179) (129) (49) 27.37 Sprint - United Telephone Company of Ohio OH (403) (285) (117) 29.03 SBC - Southwestern Bell - Oklahoma OK (428) (461) 33 (7.71) Valor - Oklahoma OK 0 0 0 0.00 Verizon - Northwest - Oregon OR 6,378 6,385 (7) (0.11) Qwest - Oregon OR 7,905 8,178 (273) (3.45) Sprint - United Tel. Co. of the Northwest - Oregon OR (64) (48) (16) 25.00 ALLTEL - Pennsylvania PA (368) (270) (97) 26.36 Verizon - North - Contel/ Pennsylania PA (553) (552) (1) 0.18 Verizon - North - Contel/ Quaker State PA (289) (272) (17) 5.88 Verizon - North - Pennsylvania PA (4,607) (4,568) (40) 0.87 Verizon - Pennsylvania PA (127,593) (125,993) (1,599) 1.25 Sprint - United Telephone Co. of Pennsylvania PA 102 172 (71) (69.61) Verizon - Puerto Rico Telephone Company - Central PR 0 0 0 0.00 Verizon - Puerto Rico Telephone Company PR 0 0 0 0.00 Verizon - New England - Rhode Island RI 3,472 3,570 (98) (2.82) Verizon - South - Contel - South Carolina SC (1,004) (1,002) (2) 0.20 Verizon - South Carolina SC (5,641) (5,636) (5) 0.09 BellSouth - South Carolina SC (27,802) (27,928) 126 (0.45) Qwest - South Dakota SD 4,877 4,913 (36) (0.74) BellSouth - Tennessee TN (30,556) (30,783) 227 (0.74) Sprint - UTC - Southeast - Tennessee TN (338) (260) (78) 23.08 Sprint - Centel of Texas TX (103) (19) (84) 81.55 Verizon - SW - Contel Texas TX (3,880) (3,879) 0 0.00 Verizon - SW Texas TX (37,097) (36,991) (106) 0.29 SBC - Southwestern Bell - Texas TX 137,574 137,890 (317) (0.23) Sprint - United Telephone Company of Texas TX (94) (71) (23) 24.47 Valor - Texas TX (14,200) (14,199) (1) 0.01 Qwest - Utah UT (25,861) (25,707) (154) 0.60 Verizon - New England - Vermont VT 6,117 6,284 (167) (2.73) Sprint - Centel of Virginia VA (351) (309) (42) 11.97 Verizon - South - Contel - Virginia VA (18,052) (18,042) (9) 0.05 Verizon - Virginia VA (77,713) (77,046) (667) 0.86 Verizon - South - Virginia VA (964) (964) 0 0.00 Sprint - UTC - Southeast - Virginia VA 1 1 0 0.00 CenturyTel - Washington WA 280 262 18 6.43 Verizon - NW - Contel - Washington WA (1,357) (1,247) (110) 8.11 Verizon - NW - Washington WA 488 560 (72) (14.75) Qwest - Washington WA (20,223) (19,870) (353) 1.75 Sprint - United Tel. Co. of the NW - Washington WA (124) (93) (30) 24.19 Verizon - West Virginia WV 9,795 9,986 (191) (1.95) Verizon - North - Wisconsin WI (2,765) (2,750) (14) 0.51 SBC - Ameritech - Wisconsin Bell WI 63,128 63,178 (50) (0.08) Qwest - Wyoming WY 1,290 1,326 (35) (2.71) 11 - 22 22 Table 11.11 Taxes (Federal, State, and Other) ($ 000) - 2004 Study Area State Subject to Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies $9,251,419 $4,625,090 $4,565,445 49.35 % Bell Operating Companies 8,334,412 4,137,675 4,182,380 50.18 Other Reporting Local Exchange Companies 917,007 487,415 383,065 41.77 CenturyTel of Alabama, LLC - Northern Alabama AL 4,114 2,703 1,411 34.30 CenturyTel of Alabama, LLC - Southern Alabama AL 9,869 5,964 3,906 39.58 BellSouth - Alabama AL 190,841 136,278 54,347 28.48 Verizon - California - Contel - Arizona AZ 1,268 929 108 8.52 Qwest - Arizona AZ 57,370 (60,164) 117,534 204.87 SBC - Southwestern Bell - Arkansas AR 88,485 56,419 31,887 36.04 Verizon - Contel - California CA 36,982 19,732 17,123 46.30 Verizon - NW - West Coast California CA 1,165 1,418 (244) -20.94 Verizon - GTE - California CA 325,443 147,220 177,275 54.47 SBC - Pacific Bell - California CA 708,764 330,381 377,607 53.28 Sure/ West/ Roseville Tel - California CA 13,765 8,939 4,826 35.06 Qwest - Colorado CO 174,695 65,572 109,123 62.46 SBC - SNET - CT CT 136,418 67,508 68,779 50.42 Verizon - Delaware DE 34,558 11,894 22,662 65.58 Verizon - District of Columbia DC 87,575 46,753 40,818 46.61 Verizon - Florida FL 136,667 47,619 88,989 65.11 BellSouth - Florida FL 474,430 265,652 207,906 43.82 Sprint - Florida FL 135,585 54,250 81,335 59.99 ALLTEL Georgia Communications GA 39,199 32,109 5,635 14.38 BellSouth - Georgia GA 447,917 247,475 199,843 44.62 Verizon - Hawaii HI 19,536 (17,707) 37,237 190.61 Verizon - NW - Idaho ID 10,953 1,214 8,769 80.06 Qwest - Idaho South ID 31,632 12,638 18,994 60.05 Qwest - Idaho North ID 2,062 796 1,265 61.35 Verizon - North - Contel Illinois IL 10,073 3,770 6,297 62.51 Verizon - South - Illinois IL (744) (1,025) 280 -37.63 Verizon - North - Illinois IL 29,894 6,749 23,116 77.33 SBC - Ameritech - Illinois Bell IL 272,382 133,435 137,757 50.57 Verizon - North - Contel/ Indiana IN 21,196 9,796 11,392 53.75 Verizon - North - Indiana IN 53,753 13,262 40,465 75.28 SBC - Ameritech - Indiana Bell IN 116,752 70,641 45,712 39.15 Sprint - United Tel Company of Indiana IN 26,947 16,838 10,109 37.51 Iowa Telecom - Iowa IA 10,187 6,626 3,561 34.96 Iowa Telecom - Iowa North IA 9,217 7,234 1,984 21.53 Iowa Telecom - Iowa System IA 6,706 4,956 1,750 26.10 Qwest - Iowa IA 52,728 13,330 39,397 74.72 SBC - Southwestern Bell - Kansas KS 102,921 58,417 44,243 42.99 ALLTEL Kentucky, Inc. - London KY 9,295 6,010 2,231 24.00 ALLTEL Kentucky, Inc. - Lexington KY 44,462 26,463 13,437 30.22 Cincinnati Bell Telephone Company - Kentucky KY 38,376 31,283 7,077 18.44 BellSouth - Kentucky KY 106,096 72,108 33,840 31.90 BellSouth - Louisiana LA 198,687 135,867 62,586 31.50 Verizon - New England - Maine ME 41,528 19,317 22,214 53.49 Verizon - Maryland MD 229,263 117,930 111,312 48.55 Verizon - New England - Massachusetts MA (47,318) (57,862) 10,568 -22.33 Verizon - North - Michigan MI 56,340 38,736 17,586 31.21 SBC - Ameritech - Michigan MI 236,551 129,760 106,038 44.83 Qwest - Minnesota MN 83,284 15,558 67,725 81.32 BellSouth - Mississippi MS 162,010 130,894 30,957 19.11 SBC - Southwestern Bell - Missouri MO 231,186 150,806 79,811 34.52 Sprint - United Telephone Company of Missouri MO 31,388 20,159 11,229 35.77 Qwest - Montana MT 37,445 22,657 14,789 39.50 Aliant Telecommunications - Nebraska NE 18,253 14,070 2,798 15.33 Qwest - Nebraska NE 31,503 15,430 16,072 51.02 Sprint - Centel of Nevada NV 12,171 (9,032) 21,204 174.22 Verizon - Contel Nevada NV 2,919 810 2,109 72.25 SBC - Nevada Bell NV 11,174 1,160 9,800 87.70 Verizon - New England - New Hampshire NH 11,243 1,510 9,739 86.62 Verizon - New Jersey NJ 232,919 53,819 179,072 76.88 Sprint - United Telephone Company of New Jersey NJ 15,590 2,216 13,375 85.79 11 - 23 23 Table 11.11 Taxes (Federal, State, and Other) - Continued ($ 000) - 2004 Study Area State Subject to Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM 53,332 21,640 31,692 59.42 % Valor - New Mexico 1 NM (8,758) (10,125) 1,367 (15.61) Valor - New Mexico 2 NM (9,767) (11,514) 1,746 (17.88) Citizens - Red Hook NY 2,045 1,819 226 11.05 Citizens - Upstate NY 33,707 31,051 2,656 7.88 Citizens - Western Counties NY 3,644 3,323 321 8.81 Verizon New York Telephone NY 183,505 111,844 71,779 39.12 Citizens - Frontier of Rochester NY 42,478 0 4,597 10.82 ALLTEL - Carolina NC 20,339 15,105 5,272 25.92 Sprint - Centel of North Carolina NC 10,996 4,676 6,321 57.48 Verizon - South - Contel - North Carolina NC 5,858 2,743 2,132 36.39 Verizon - South - North Carolina NC 128 (18,673) 18,795 14,683.59 BellSouth - North Carolina NC 158,487 83,622 74,569 47.05 Sprint - Carolina Tel. & Tel. of North Carolina NC 110,886 64,117 46,769 42.18 Qwest - North Dakota ND 1,381 (745) 1,143 82.77 ALLTEL - Western Reserve - Ohio OH 23,994 19,048 4,946 20.61 Cincinnati Bell Telephone Company - Ohio OH 104,459 74,832 29,413 28.16 Verizon - North - Ohio OH 36,119 30,701 5,412 14.98 SBC - Ameritech - Ohio Bell OH 236,237 139,773 96,168 40.71 Sprint - United Telephone Company of Ohio OH 50,913 34,317 16,596 32.60 SBC - Southwestern Bell - Oklahoma OK 134,060 84,117 49,679 37.06 Valor - Oklahoma OK 6,570 3,961 2,609 39.71 Verizon - Northwest - Oregon OR 32,568 7,819 24,740 75.96 Qwest - Oregon OR 66,650 20,087 46,562 69.86 Sprint - United Tel. Co. of the Northwest - Oregon OR 4,964 2,176 2,789 56.18 ALLTEL - Pennsylvania PA 27,391 21,511 5,879 21.46 Verizon - North - Contel/ Pennsylania PA 4,147 1,718 2,430 58.60 Verizon - North - Contel/ Quaker State PA 2,876 1,366 1,509 52.47 Verizon - North - Pennsylvania PA 30,120 11,934 18,178 60.35 Verizon - Pennsylvania PA 300,131 91,986 208,105 69.34 Sprint - United Telephone Co. of Pennsylvania PA 44,578 28,542 16,036 35.97 Verizon - Puerto Rico Telephone Company - Central PR 6,249 3,725 2,524 40.39 Verizon - Puerto Rico Telephone Company PR 43,900 36,161 7,740 17.63 Verizon - New England - Rhode Island RI 13,461 3,159 10,307 76.57 Verizon - South - Contel - South Carolina SC 2,118 119 2,021 95.42 Verizon - South Carolina SC 11,649 8,616 3,031 26.02 BellSouth - South Carolina SC 125,447 83,529 41,727 33.26 Qwest - South Dakota SD 11,282 4,091 7,191 63.74 BellSouth - Tennessee TN 178,482 112,777 65,419 36.65 Sprint - UTC - Southeast - Tennessee TN 12,619 4,347 8,271 65.54 Sprint - Centel of Texas TX 21,635 12,358 9,277 42.88 Verizon - SW - Contel Texas TX 2,152 432 1,717 79.79 Verizon - SW Texas TX 91,802 41,533 50,234 54.72 SBC - Southwestern Bell - Texas TX 646,511 475,729 168,357 26.04 Sprint - United Telephone Company of Texas TX 15,242 10,514 4,727 31.01 Valor - Texas TX (71,582) (77,214) 5,632 (7.87) Qwest - Utah UT 56,515 17,428 39,087 69.16 Verizon - New England - Vermont VT 16,997 8,659 8,339 49.06 Sprint - Centel of Virginia VA 20,546 10,218 10,328 50.27 Verizon - South - Contel - Virginia VA 40,697 5,914 34,783 85.47 Verizon - Virginia VA 184,516 54,088 130,405 70.67 Verizon - South - Virginia VA 4,458 1,952 2,539 56.95 Sprint - UTC - Southeast - Virginia VA 6,818 3,953 2,866 42.04 CenturyTel - Washington WA 13,095 7,203 5,891 44.99 Verizon - NW - Contel - Washington WA 5,717 830 4,874 85.25 Verizon - NW - Washington WA 48,750 2,963 45,709 93.76 Qwest - Washington WA 122,414 46,516 75,898 62.00 Sprint - United Tel. Co. of the NW - Washington WA 5,071 2,409 2,662 52.49 Verizon - West Virginia WV 63,688 34,222 29,459 46.26 Verizon - North - Wisconsin WI 20,071 10,640 9,423 46.95 SBC - Ameritech - Wisconsin Bell WI 94,887 41,391 53,323 56.20 Qwest - Wyoming WY 17,710 5,129 12,581 71.04 11 - 24 24 Table 11.12 Total Plant Investment ($ 000) - 2004 Study Area State Subject to Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies $389,272,109 $279,191,270 $110,080,855 28.28 % Bell Operating Companies 358,498,376 255,959,885 102,538,505 28.60 Other Reporting Local Exchange Companies 30,773,733 23,231,385 7,542,350 24.51 CenturyTel of Alabama, LLC - Northern Alabama AL 377,576 291,550 86,026 22.78 CenturyTel of Alabama, LLC - Southern Alabama AL 471,035 352,011 119,024 25.27 BellSouth - Alabama AL 5,286,675 3,909,569 1,377,107 26.05 Verizon - California - Contel - Arizona AZ 26,028 15,365 10,663 40.97 Qwest - Arizona AZ 6,652,049 4,824,667 1,827,383 27.47 SBC - Southwestern Bell - Arkansas AR 2,499,436 1,802,853 696,584 27.87 Verizon - Contel - California CA 1,134,091 865,618 268,473 23.67 Verizon - NW - West Coast California CA 42,160 29,524 12,636 29.97 Verizon - GTE - California CA 9,934,956 7,504,286 2,430,670 24.47 SBC - Pacific Bell - California CA 33,318,226 24,555,188 8,763,041 26.30 Sure/ West/ Roseville Tel - California CA 426,057 305,671 120,387 28.26 Qwest - Colorado CO 7,978,047 5,763,130 2,214,917 27.76 SBC - SNET - CT CT 5,103,980 3,570,717 1,533,260 30.04 Verizon - Delaware DE 1,188,119 808,823 379,297 31.92 Verizon - District of Columbia DC 2,117,169 1,262,000 855,169 40.39 Verizon - Florida FL 5,365,212 3,913,065 1,452,147 27.07 BellSouth - Florida FL 14,225,666 10,289,840 3,935,826 27.67 Sprint - Florida FL 5,071,011 3,836,100 1,234,911 24.35 ALLTEL Georgia Communications GA 978,086 712,580 265,506 27.15 BellSouth - Georgia GA 12,182,935 8,661,394 3,521,542 28.91 Verizon - Hawaii HI 1,913,568 1,436,417 477,151 24.94 Verizon - NW - Idaho ID 430,155 311,078 119,077 27.68 Qwest - Idaho South ID 1,176,792 786,981 389,813 33.13 Qwest - Idaho North ID 76,083 51,523 24,559 32.28 Verizon - North - Contel Illinois IL 290,196 223,699 66,497 22.91 Verizon - South - Illinois IL 94,905 70,453 24,452 25.76 Verizon - North - Illinois IL 1,540,250 1,178,772 361,478 23.47 SBC - Ameritech - Illinois Bell IL 12,917,583 9,869,847 3,047,736 23.59 Verizon - North - Contel/ Indiana IN 435,663 328,426 107,237 24.61 Verizon - North - Indiana IN 1,937,525 1,457,364 480,161 24.78 SBC - Ameritech - Indiana Bell IN 4,301,865 3,183,113 1,118,753 26.01 Sprint - United Tel Company of Indiana IN 621,071 479,751 141,320 22.75 Iowa Telecom - Iowa IA 245,802 189,985 55,817 22.71 Iowa Telecom - Iowa North IA 354,375 270,562 83,812 23.65 Iowa Telecom - Iowa System IA 195,172 148,809 46,363 23.75 Qwest - Iowa IA 2,355,579 1,608,963 746,616 31.70 SBC - Southwestern Bell - Kansas KS 2,960,600 2,058,817 901,782 30.46 ALLTEL Kentucky, Inc. - London KY 321,598 247,473 74,125 23.05 ALLTEL Kentucky, Inc. - Lexington KY 1,303,438 974,031 329,406 25.27 Cincinnati Bell Telephone Company - Kentucky KY 412,558 313,872 98,686 23.92 BellSouth - Kentucky KY 3,108,774 2,273,254 835,520 26.88 BellSouth - Louisiana LA 5,451,946 4,095,046 1,356,901 24.89 Verizon - New England - Maine ME 1,839,123 1,304,542 534,581 29.07 Verizon - Maryland MD 7,912,221 5,349,027 2,563,195 32.40 Verizon - New England - Massachusetts MA 10,835,126 6,990,736 3,844,390 35.48 Verizon - North - Michigan MI 1,674,857 1,284,875 389,982 23.28 SBC - Ameritech - Michigan MI 11,016,445 8,505,086 2,511,359 22.80 Qwest - Minnesota MN 4,973,695 3,523,094 1,450,602 29.17 BellSouth - Mississippi MS 3,701,623 2,745,441 956,181 25.83 SBC - Southwestern Bell - Missouri MO 6,152,486 4,258,377 1,894,108 30.79 Sprint - United Telephone Company of Missouri MO 668,936 509,441 159,495 23.84 Qwest - Montana MT 924,644 620,710 303,933 32.87 Aliant Telecommunications - Nebraska NE 625,465 458,567 166,897 26.68 Qwest - Nebraska NE 1,613,472 1,061,955 551,519 34.18 Sprint - Centel of Nevada NV 1,726,850 1,336,344 390,505 22.61 Verizon - Contel Nevada NV 115,589 72,897 42,692 36.93 SBC - Nevada Bell NV 795,366 558,586 236,781 29.77 Verizon - New England - New Hampshire NH 2,113,804 1,392,698 721,105 34.11 Verizon - New Jersey NJ 12,670,008 8,534,239 4,135,769 32.64 Sprint - United Telephone Company of New Jersey NJ 456,752 351,780 104,971 22.98 11 - 25 25 Table 11.12 Total Plant Investment - Continued ($ 000) - 2004 Study Area State Subject to Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM 2,230,840 1,580,255 650,586 29.16 % Valor - New Mexico 1 NM 129,838 79,574 50,264 38.71 Valor - New Mexico 2 NM 156,582 105,879 50,703 32.38 Citizens - Red Hook NY 47,555 30,421 17,134 36.03 Citizens - Upstate NY 731,058 561,780 169,278 23.16 Citizens - Western Counties NY 77,006 57,515 19,491 25.31 Verizon New York Telephone NY 28,266,963 18,846,554 9,420,409 33.33 Citizens - Frontier of Rochester NY 1,333,958 1,033,505 300,453 22.52 ALLTEL - Carolina NC 518,379 362,537 155,842 30.06 Sprint - Centel of North Carolina NC 584,485 457,267 127,218 21.77 Verizon - South - Contel - North Carolina NC 390,364 292,145 98,219 25.16 Verizon - South - North Carolina NC 728,702 537,587 191,115 26.23 BellSouth - North Carolina NC 6,391,599 4,596,701 1,794,898 28.08 Sprint - Carolina Tel. & Tel. of North Carolina NC 2,684,920 2,018,764 666,156 24.81 Qwest - North Dakota ND 542,078 358,344 183,735 33.89 ALLTEL - Western Reserve - Ohio OH 461,908 332,342 129,567 28.05 Cincinnati Bell Telephone Company - Ohio OH 1,639,068 1,278,550 360,518 22.00 Verizon - North - Ohio OH 2,078,867 1,588,667 490,200 23.58 SBC - Ameritech - Ohio Bell OH 8,159,777 6,030,227 2,129,550 26.10 Sprint - United Telephone Company of Ohio OH 1,531,869 1,163,390 368,479 24.05 SBC - Southwestern Bell - Oklahoma OK 3,615,484 2,592,898 1,022,584 28.28 Valor - Oklahoma OK 351,834 245,047 106,787 30.35 Verizon - Northwest - Oregon OR 1,165,042 842,802 322,240 27.66 Qwest - Oregon OR 3,265,183 2,300,281 964,902 29.55 Sprint - United Tel. Co. of the Northwest - Oregon OR 209,618 158,097 51,521 24.58 ALLTEL - Pennsylvania PA 534,245 393,031 141,216 26.43 Verizon - North - Contel/ Pennsylania PA 122,272 95,501 26,771 21.89 Verizon - North - Contel/ Quaker State PA 109,674 83,454 26,220 23.91 Verizon - North - Pennsylvania PA 1,231,066 946,649 284,417 23.10 Verizon - Pennsylvania PA 12,801,640 8,909,597 3,892,043 30.40 Sprint - United Telephone Co. of Pennsylvania PA 894,490 691,721 202,769 22.67 Verizon - Puerto Rico Telephone Company - Central PR 448,561 340,799 107,762 24.02 Verizon - Puerto Rico Telephone Company PR 3,182,686 2,287,545 895,140 28.13 Verizon - New England - Rhode Island RI 1,243,746 872,522 371,224 29.85 Verizon - South - Contel - South Carolina SC 65,525 47,294 18,231 27.82 Verizon - South Carolina SC 471,999 352,130 119,869 25.40 BellSouth - South Carolina SC 3,802,000 2,782,202 1,019,798 26.82 Qwest - South Dakota SD 727,814 487,457 240,357 33.02 BellSouth - Tennessee TN 6,065,777 4,426,001 1,639,777 27.03 Sprint - UTC - Southeast - Tennessee TN 549,007 429,526 119,481 21.76 Sprint - Centel of Texas TX 624,458 485,673 138,785 22.22 Verizon - SW - Contel Texas TX 354,604 271,898 82,706 23.32 Verizon - SW Texas TX 4,574,107 3,383,798 1,190,309 26.02 SBC - Southwestern Bell - Texas TX 24,095,437 16,703,927 7,391,511 30.68 Sprint - United Telephone Company of Texas TX 517,527 393,482 124,045 23.97 Valor - Texas TX 1,094,115 783,170 310,945 28.42 Qwest - Utah UT 2,870,978 1,990,685 880,295 30.66 Verizon - New England - Vermont VT 1,061,854 733,996 327,859 30.88 Sprint - Centel of Virginia VA 772,608 598,153 174,456 22.58 Verizon - South - Contel - Virginia VA 1,375,312 1,025,096 350,216 25.46 Verizon - Virginia VA 8,054,556 5,603,742 2,450,814 30.43 Verizon - South - Virginia VA 101,843 74,855 26,989 26.50 Sprint - UTC - Southeast - Virginia VA 275,707 207,293 68,415 24.81 CenturyTel - Washington WA 557,890 404,627 153,263 27.47 Verizon - NW - Contel - Washington WA 281,061 212,089 68,973 24.54 Verizon - NW - Washington WA 2,227,591 1,667,899 559,692 25.13 Qwest - Washington WA 5,984,114 4,337,678 1,646,437 27.51 Sprint - United Tel. Co. of the NW - Washington WA 239,826 181,514 58,313 24.31 Verizon - West Virginia WV 2,250,085 1,612,568 637,517 28.33 Verizon - North - Wisconsin WI 994,387 756,276 238,111 23.95 SBC - Ameritech - Wisconsin Bell WI 3,959,662 2,911,628 1,048,034 26.47 Qwest - Wyoming WY 820,434 564,083 256,350 31.25 11 - 26 26 Table 11.13 Total Other Investment ($ 000) - 2004 Study Area State Subject to Percent Code Separations Intrastate Interstate Interstate All Reporting Local Exchange Companies ($ 8,042,900) ($ 8,817,407) $4,612,291 (57.35) % Bell Operating Companies (8,284,097) (8,958,141) 4,438,840 (0.54) Other Reporting Local Exchange Companies 241,197 140,734 173,451 0.72 CenturyTel of Alabama, LLC - Northern Alabama AL 1,738 1,344 883 0.51 CenturyTel of Alabama, LLC - Southern Alabama AL 3,516 2,633 1,715 0.49 BellSouth - Alabama AL (62,641) (94,742) 92,468 (1.48) Verizon - California - Contel - Arizona AZ 240 153 336 1.40 Qwest - Arizona AZ (458,358) (468,221) 17,668 (0.04) SBC - Southwestern Bell - Arkansas AR (73,887) (75,559) (1,949) 0.03 Verizon - Contel - California CA 34,105 31,405 3,364 0.10 Verizon - NW - West Coast California CA 1,636 1,183 672 0.41 Verizon - GTE - California CA 341,394 320,436 391,254 1.15 SBC - Pacific Bell - California CA (1,540,357) (1,603,300) 314,633 (0.20) Sure/ West/ Roseville Tel - California CA 6,849 5,150 3,330 0.49 Qwest - Colorado CO 345,385 316,495 51,131 0.15 SBC - SNET - CT CT 24,331 19,708 94,951 3.90 Verizon - Delaware DE 25,285 23,063 13,507 0.53 Verizon - District of Columbia DC (114,847) (118,051) 26,361 (0.23) Verizon - Florida FL 49,958 37,941 91,991 1.84 BellSouth - Florida FL 127,901 111,380 209,919 1.64 Sprint - Florida FL 77,839 58,883 24,018 0.31 ALLTEL Georgia Communications GA 10,288 7,547 4,248 0.41 BellSouth - Georgia GA (243,885) (263,325) 173,050 (0.71) Verizon - Hawaii HI 6,299 4,436 108,883 17.29 Verizon - NW - Idaho ID 4,296 3,459 7,667 1.78 Qwest - Idaho South ID (43,892) (45,512) 6,782 (0.15) Qwest - Idaho North ID 1,472 1,534 1,669 1.13 Verizon - North - Contel Illinois IL 2,265 1,724 10,637 4.70 Verizon - South - Illinois IL 20,140 14,951 2,265 0.11 Verizon - North - Illinois IL 6,310 4,679 79,788 12.64 SBC - Ameritech - Illinois Bell IL (566,083) (578,029) 210,540 (0.37) Verizon - North - Contel/ Indiana IN 2,504 1,863 8,349 3.33 Verizon - North - Indiana IN 10,766 7,727 65,383 6.07 SBC - Ameritech - Indiana Bell IN (670,446) (677,913) 67,230 (0.10) Sprint - United Tel Company of Indiana IN 4,551 3,614 6,680 1.47 Iowa Telecom - Iowa IA 8,364 6,457 924 0.11 Iowa Telecom - Iowa North IA 12,211 9,307 1,403 0.11 Iowa Telecom - Iowa System IA 6,784 5,165 856 0.13 Qwest - Iowa IA (26,796) (31,123) 7,439 (0.28) SBC - Southwestern Bell - Kansas KS 32,933 30,195 (3,394) (0.10) ALLTEL Kentucky, Inc. - London KY 4,080 3,137 1,282 0.31 ALLTEL Kentucky, Inc. - Lexington KY 14,759 11,025 5,492 0.37 Cincinnati Bell Telephone Company - Kentucky KY 1,957 1,472 440 0.22 BellSouth - Kentucky KY (50,314) (52,984) 39,612 (0.79) BellSouth - Louisiana LA 179,890 175,249 74,659 0.42 Verizon - New England - Maine ME (30) (2,181) (69) 2.30 Verizon - Maryland MD (564,551) (589,452) 109,983 (0.19) Verizon - New England - Massachusetts MA (146,892) (185,028) 92,295 (0.63) Verizon - North - Michigan MI 5,641 3,820 80,215 14.22 SBC - Ameritech - Michigan MI (1,357,013) (1,370,481) 172,699 (0.13) Qwest - Minnesota MN (247,759) (253,789) 28,097 (0.11) BellSouth - Mississippi MS 35,466 31,432 53,533 1.51 SBC - Southwestern Bell - Missouri MO (242,859) (249,601) (1,952) 0.01 Sprint - United Telephone Company of Missouri MO (35,607) (36,905) 8,887 (0.25) Qwest - Montana MT 48,242 47,105 3,625 0.08 Aliant Telecommunications - Nebraska NE 5,939 4,356 2,643 0.45 Qwest - Nebraska NE (16,455) (18,130) 9,213 (0.56) Sprint - Centel of Nevada NV 27,771 21,491 9,164 0.33 Verizon - Contel Nevada NV 1,124 748 1,425 1.27 SBC - Nevada Bell NV 13,486 11,911 11,766 0.87 Verizon - New England - New Hampshire NH (9,349) (12,764) 1,318 (0.14) Verizon - New Jersey NJ (1,982,217) (1,999,997) 191,845 (0.10) Sprint - United Telephone Company of New Jersey NJ 18,594 14,320 7,245 0.39 11 - 27 27 Table 11.13 Total Other Investment - Continued ($ 000) - 2004 Study Area State Subject to Percent Code Separations Intrastate Interstate Interstate Qwest - New Mexico NM 83,217 79,804 11,106 13.35 % Valor - New Mexico 1 NM 1,509 918 863 57.19 Valor - New Mexico 2 NM 1,368 711 906 66.23 Citizens - Red Hook NY 344 159 185 53.78 Citizens - Upstate NY 10,279 7,946 2,333 22.70 Citizens - Western Counties NY 845 620 225 26.63 Verizon New York Telephone NY 440,915 360,261 196,914 44.66 Citizens - Frontier of Rochester NY 15,284 10,265 5,019 32.84 ALLTEL - Carolina NC 8,425 5,940 3,445 40.89 Sprint - Centel of North Carolina NC 8,468 6,625 2,526 29.83 Verizon - South - Contel - North Carolina NC 1,376 1,030 2,409 175.07 Verizon - South - North Carolina NC 499 248 11,835 2,371.74 BellSouth - North Carolina NC 6,667 3,250 83,414 1,251.15 Sprint - Carolina Tel. & Tel. of North Carolina NC 40,290 30,294 15,986 39.68 Qwest - North Dakota ND (25,098) (25,726) 4,256 (16.96) ALLTEL - Western Reserve - Ohio OH 6,984 5,046 2,702 38.69 Cincinnati Bell Telephone Company - Ohio OH (52) (3,176) 2,949 (5,671.15) Verizon - North - Ohio OH 10,858 8,550 82,984 764.27 SBC - Ameritech - Ohio Bell OH 27,281 20,210 143,448 525.82 Sprint - United Telephone Company of Ohio OH 22,990 19,243 21,193 92.18 SBC - Southwestern Bell - Oklahoma OK 16,070 11,562 (2,181) (13.57) Valor - Oklahoma OK 2,326 1,206 1,692 72.74 Verizon - Northwest - Oregon OR 3,225 2,504 16,073 498.39 Qwest - Oregon OR 82,828 78,444 26,400 31.87 Sprint - United Tel. Co. of the Northwest - Oregon OR 2,700 2,036 2,134 79.04 ALLTEL - Pennsylvania PA 9,239 6,802 3,279 35.49 Verizon - North - Contel/ Pennsylania PA 497 375 6,728 1,353.72 Verizon - North - Contel/ Quaker State PA 1,595 1,207 1,359 85.20 Verizon - North - Pennsylvania PA 7,848 5,923 51,810 660.17 Verizon - Pennsylvania PA (290,724) (327,425) 206,077 (70.88) Sprint - United Telephone Co. of Pennsylvania PA 9,017 6,973 5,932 65.79 Verizon - Puerto Rico Telephone Company - Central PR 6,127 4,638 2,156 35.19 Verizon - Puerto Rico Telephone Company PR 37,606 27,162 14,812 39.39 Verizon - New England - Rhode Island RI (117,513) (119,623) 2,730 (2.32) Verizon - South - Contel - South Carolina SC 298 216 454 152.35 Verizon - South Carolina SC 795 641 6,693 841.89 BellSouth - South Carolina SC (36,538) (38,881) 43,695 (119.59) Qwest - South Dakota SD (56,201) (56,969) 3,014 (5.36) BellSouth - Tennessee TN (202,764) (208,270) 77,942 (38.44) Sprint - UTC - Southeast - Tennessee TN 8,978 7,024 3,952 44.02 Sprint - Centel of Texas TX 11,717 9,113 3,540 30.21 Verizon - SW - Contel Texas TX 2,795 2,102 6,198 221.75 Verizon - SW Texas TX 44,416 33,539 103,639 233.34 SBC - Southwestern Bell - Texas TX (610,635) (671,695) 75,191 (12.31) Sprint - United Telephone Company of Texas TX 4,324 3,287 4,746 109.76 Valor - Texas TX (107,821) (110,255) 3,791 (3.52) Qwest - Utah UT 49,753 46,181 14,185 28.51 Verizon - New England - Vermont VT (96,294) (99,355) 2,358 (2.45) Sprint - Centel of Virginia VA 7,474 5,786 1,605 21.47 Verizon - South - Contel - Virginia VA 2,144 1,600 15,844 738.99 Verizon - Virginia VA (293,561) (308,339) 90,719 (30.90) Verizon - South - Virginia VA 1,235 1,214 1,592 128.91 Sprint - UTC - Southeast - Virginia VA 3,848 2,893 2,055 53.40 CenturyTel - Washington WA 328 239 892 271.95 Verizon - NW - Contel - Washington WA 6,790 5,119 3,196 47.07 Verizon - NW - Washington WA 14,707 12,669 32,406 220.34 Qwest - Washington WA 459,681 452,992 39,129 8.51 Sprint - United Tel. Co. of the NW - Washington WA 2,700 2,043 2,291 84.85 Verizon - West Virginia WV (110,425) (114,700) 24,998 (22.64) Verizon - North - Wisconsin WI 4,562 3,449 39,839 873.28 SBC - Ameritech - Wisconsin Bell WI (629,968) (633,175) 69,534 (11.04) Qwest - Wyoming WY (30,599) (31,288) 5,026 (16.43) 11 - 28 28