§  32.2424   Submarine & deep sea cable.

   (a) This account shall include the original cost of submarine cable and
   deep sea cable and other material used in the construction of such
   plant. Subsidiary record categories, as defined below, are to be
   maintained for nonmetallic submarine and deep sea cable and metallic
   submarine and deep sea cable.

   (1) Nonmetallic cable. This subsidiary record category shall include
   the original cost of optical fiber cable and other associated material
   used in constructing a physical path for the transmission of
   telecommunications signals.

   (2) Metallic cable. This subsidiary record category shall include the
   original cost of single or paired conductor cable, wire and other
   associated material used in constructing a physical path for the
   transmission of telecommunications signals.

   (b) The cost of permits and privileges for the construction of cable
   and wire facilities shall be included in the account chargeable with
   such construction.

   [ 51 FR 43499 , Dec. 2, 1986, as amended at  67 FR 5687 , Feb. 6, 2002]