Prices of UNES
Based on the Telecommunications Act of 1996, the FCC could require LECs to provide UNEs at a cost-based price, which may include a “reasonable profit.” The FCC has determined that “cost” means forward-looking economic cost and has required the states to use a methodology called “Total Element Long Run Incremental Cost” or “TELRIC.
Read more about this topic: Unbundled Network Element
Famous quotes containing the words prices of and/or prices:
“On the breasts of a barmaid in Sale
Were tattooed the prices of ale;
And on her behind
For the sake of the blind
Was the same information in Braille.”
—Anonymous.
“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
—Calvin Coolidge (1872–1933)