§  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. Incumbent local exchange carriers' successor or
   assign companies, as defined in section 251(h)(1)(B)(ii) of the
   Communications Act, that are found to be non-dominant by the
   Commission, will not be subject to this Uniform System of Accounts.

   (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 § 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 § § 32.2000(e) and (f).

   (d) Class B companies and mid-sized incumbent local exchange carriers,
   as defined by § 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 provided in the Class A accounts. Class
   B companies shall keep Continuing Property Records in compliance with
   the requirements of § § 32.2000(e)(7)(i)(A) and 32.2000(f).

   (e) Class B companies and mid-sized incumbent local exchange carriers,
   as defined by § 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, as amended at  69 FR 53648 , Sept. 2, 2004]