Sec.  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 constructon 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]