BNET Industries
Last Fiscal Year Sales:$300.0M
- Private
- US
Dow Jones Description
The Universal Service Administrative Company (USAC) is an independent, not-for-profit corporation designated as the administrator of the federal Universal Service Fund by the Federal Communications Commission (FCC). USAC administers Universal Service Fund (USF) programs for high cost companies serving rural areas, low-income consumers, rural health care providers, and schools and libraries. The Universal Service Fund helps provide communities across the country with affordable telecommunications services.
Number of Employees 7
Peer Companies
NAICS Code Other Social Advocacy Organizations: 813319
Recent Events
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News & Analysis
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government and universal service administrative co. - All News and Analysis
GAO Report Attacks FCC Management Of USF, E-Rate
- 2005-03-23
Congress Scrutinizes 'Fraud, Waste & Abuse' The Universal Service Fund's scandal-ridden schools-and-libraries Internet access subsidy program known as "E-Rate" - currently handled by the third party Universal Service Administrative Co. USAC - clearly needs more hands-on control and internal process improvements by the Federal Communications Commission,...
SLD suspends funding to schools to meet FCC accounting needs.(E-rate)
- 2004-10-01
Schools seeking E-rate funds will have to wait longer for their money, now that the Schools and Libraries Division SLD of the Universal Service Administrative Co. USAC has put all funding commitments on hold. The move comes at the behest of the Federal Communications...
Make E-rate program simpler, clearer, fairer, task force tells FCC, USAC.
- 2004-01-01
Toward the end of 2003, the Task Force on the Prevention of Waste, Fraud and Abuse in the E-rate program made its final report public--inside were recommendations to help resolve the problems that prompted the study. However, the Universal Service Administrative Co. USAC concluded that only...
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