[Code of Federal Regulations]
[Title 47, Volume 2]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 47CFR32.11]

[Page 394-395]
 
                       TITLE 47--TELECOMMUNICATION
 
                    CHAPTER I--FEDERAL COMMUNICATIONS
                         COMMISSION (CONTINUED)
 
PART 32--UNIFORM SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES--Table of Contents
 
                     Subpart B--General Instructions
 
Sec. 32.11  Classification of companies.


    (a) For purposes of this section, the term ``company'' or 
``companies'' means incumbent local exchange carrier(s) as defined in 
section 251(h) of the Communications Act, and any other carriers that 
the Commission designates by Order.
    (b) For accounting purposes, companies are divided into classes as 
follows:
    (1) Class A. Companies having annual revenues from regulated 
telecommunications operations that are equal to or above the indexed 
revenue threshold.
    (2) Class B. Companies having annual revenues from regulated 
telecommunications operations that are less than the indexed revenue 
threshold.
    (c) Class A companies, except mid-sized incumbent local exchange 
carriers, as defined by Sec. 32.9000, shall keep all the accounts of 
this system of accounts which are applicable to their affairs and are 
designated as Class A accounts. Class A companies, which include mid-
sized incumbent local exchange carriers, shall keep Basic Property 
Records in compliance with the requirements of Secs. 32.2000(e) and (f).
    (d) Class B companies and mid-sized incumbent local exchange 
carriers, as defined by Sec. 32.9000, shall keep all accounts of this 
system of accounts which are applicable to their affairs and are 
designated as Class B accounts. Mid-sized incumbent local exchange 
carriers shall also maintain subsidiary record categories necessary to 
provide the pole attachment data currently

[[Page 395]]

provided in the Class A accounts. Class B companies shall keep 
Continuing Property Records in compliance with the requirements of 
Secs. 32.2000(e)(7)(i)(A) and 32.2000(f).
    (e) Class B companies and mid-sized incumbent local exchange 
carriers, as defined by Sec. 32.9000 of this part, that desire more 
detailed accounting may adopt the accounts prescribed for Class A 
companies upon the submission of a written notification to the 
Commission.
    (f) The classification of a company shall be determined at the start 
of the calendar year following the first time its annual operating 
revenue from regulated telecommunications operations equals, exceeds, or 
falls below the indexed revenue threshold.

[67 FR 5679, Feb. 6, 2002]