Interconnected TMT

The 5th Circuit Court of Appeals has ruled the Universal Service Fund (USF) funding mechanism is unconstitutional. The full court, sitting en banc, rejected the framework established by the Federal Communications Commission (FCC) and the Universal Service Administrative Company (USAC) for determining and collecting USF contributions.

While much of the sector’s attention is focused on significant changes to the legal framework around telecom, media and technology (TMT) policy-making, wireless and satellite dealmaking remains robust and largely unchallenged by regulators.

2024 is shaping up to be a busy year in Washington for telecom, media and technology (TMT) companies.