Report No. DC-2584     ACTION IN DOCKET CASE       April 14, 1994

        COMMON CARRIER REPORTS ON PENSIONS AND BENEFITS ELIMINATED;
     REPORTING THRESHOLD FOR HOLDING COMPANIES RAISED TO $100 MILLION
                             (CC DOCKET 93-5)

     The Commission has eliminated its requirement that common
carriers report pension and benefit documents and has raised the
reporting threshold for holding companies required to file the SEC
Form 10-K from $2.5 million to $100 million.

     Currently, Section 43.42 of the rules requires that
communications common carriers with annual operating revenues of
$100 million or more file with the Commission copies, or detailed
descriptions, of their pension and benefit plans, along with other
documents and details related to such plans.  Under the new rules,
this reporting requirement has been eliminated.

     At present, Section 43.21(c) requires each company that
directly or indirectly controls any communications common carrier
that has annual revenues in excess of $2.5 million to file SEC Form
10-K with the FCC.  The Commission has determined that this
requirement is not consistent with other Part 43 reporting.  The 
FCC does not routinely require financial reports from
communications common carriers with annual operating revenues of
less than $100 million.  Therefore, it raised the threshold to $100
million. 

     Action by the Commission April 7, 1994, by Report and Order
(FCC 94-84).  Chairman Hundt, Commissioners Quello and Barrett. 

                                  - FCC -

     News Media contact: Rosemary Kimball at (202) 632-5050.
     Common Carrier Bureau contact: Virginia Brockington at (202)
634-1861.