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OGC-97-63 1 (1997-09-22)

handle is hein.gao/gaobablrr0001 and id is 1 raw text is: G AO United States General Accounting Office Washington, D.C. 20548 Office of the General Counsel B-277981 September 22, 1997 The Honorable John McCain Chairman The Honorable Ernest F. Hollings Ranking Minority Member Committee on Commerce, Science, and Transportation United States Senate The Honorable Thomas J. Bliley, Jr. Chairman The Honorable John D. Dingell Ranking Minority Member Committee on Commerce House of Representatives Subject: Federal Communications Commission: International Settlement Rates Pursuant to section 801(a)(2)(A) of title 5, United States Code, this is our report on a major rule promulgated by the Federal Communications Commission (Commission), entitled International Settlement Rates (IB Docket No. 96-261; FCC 97-280). We received the rule on September 8, 1997. It was published in the Federal Register as a final rule on August 29, 1997. 62 Fed. Reg. 45758. The final rule revises the benchmark settlement rates for international message telephone service between the United States and other countries. The revisions to the benchmark rates were necessary because the current benchmarks have been rendered obsolete by changes in the global telecommunications market in recent years. According to the Commission, current rates greatly exceed foreign carriers' actual costs for terminating calls originating from the United States. The revised rates reflect technological improvements, their associated cost reductions, and the market structure changes occurring in the global telecommunications market. Enclosed is our assessment of the Commission's compliance with the procedural steps required by section 801(a)(1)(B)(i) through (iv) of title 5 with respect to the rule. Our review indicates that the Commission complied with the applicable requirements. GAO/OGC-97-63

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