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Understanding the FCC Form 499-A and 499-Q
Form 499-A is a form that every telecom provider must submit to the Federal Communications Commission every year. Telecommunication companies can also submit this form quarterly, which is Form 499-Q. The purpose of the form 499-Q is to report the company revenue for the previous quarter and using form 499-A, the company can report revenue for the previous calendar year.
The Federal Communications Commission leverages this data for evaluating and assessing the regulatory fees and the contributions for funds like Universal Service Fund (USF) according to the Communications Act of 1934.
Who requires the Federal Communications Commission registration?
Telecommunication companies can file to get the Federal Communications Commission registration number (FCC 499 Registration), once they begin telecom services. Then, companies must file the form by the 1st of April every year or you could also do every quarter if you file FCC Form 499-Q. The FCC will collect fees and contributions from providers on the basis of reported revenue on FCC form 499-A and Q. All these contributions go to USF and other federal funds.
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