FCC announces that the proposed universal service contribution factor for the third quarter of 2022 will be 33.0 percent

The Federal Communications Commission's Office of Managing Director (OMD) announced that the proposed universal service contribution factor for the third quarter of 2022 will be 0.330 or 33.0 percent. Total revenues required for the quarter are estimated to be $2.03631 billion. The industry's projected revenues are expected to be $8.285056 billion.