Sec. 69.124  Interconnection charge.

    (a) An interconnection charge expressed in dollars and cents per 
access minute shall be assessed upon all interexchange carriers and upon 
all other persons interconnecting with the telephone company switched 
access network.
    (b)(1) For telephone companies not subject to price cap regulation, 
the interconnection charge shall be computed by subtracting entrance 
facilities, tandem-switched transport, direct-trunked transport, and 
dedicated signalling transport revenues from the part 69 transport 
revenue requirement, and dividing by the total interstate local 
switching minutes.
    (2) For telephone companies subject to price cap regulation, the 
interconnection charge shall be set initially to comply with the price 
cap rate restructure requirement of revenue neutrality.

[ 57 FR 54721 , Nov. 20, 1992, as amended at  58 FR 41190  and 41191, Aug. 
3, 1993;  58 FR 45267 , Aug. 27, 1993]