December 29, 1994


                     FCC RELEASES TRS Fund Worksheet Revenue Data

               The  FCC  has released  a  report titled  Telecommunications
          Industry  Revenue:   TRS  Fund Worksheet  Data,  prepared by  the
          Common Carrier Bureau's Industry Analysis Division.  

               This report  uses  data  from  a  new  source  to  summarize
          revenues  of  the telecommunications  industry.    In late  1993,
          carriers filed   -- for the  first time -- revenue  data with the
          National Exchange  Carrier  Association.    The  underlying  1992
          carrier revenue data is not available to the public.  This report
          makes that data available in summary form.  

               The report  summarizes revenue  data for the  2,566 carriers
          that  filed a FCC  Form 431 TRS  worksheet by December  29, 1993.
          Carriers  reported a  total of  $158.7 billion  in communications
          revenues  for 1992.  Carriers  reported that 44%  of this revenue
          was for interstate  service.  Carriers reported  $54.9 billion of
          local service revenue, $29.9 billion of access revenue, and $74.0
          billion of toll service revenue.  

               The report  contains intrastate and  interstate revenues for
          ten categories of service.  In addition, the report provides this
          information for local exchange carriers (LECs), Mobile Carriers -
          -   primarily  Cellular   service  providers,   Operator  Service
          Providers (OSPs), the four largest interexchange carriers (IXCs),
          and for other interstate carriers.  

               The  report  and  the  attached  tables  are  available  for
          reference in  the Industry  Analysis Division's  Public Reference
          Room, Common Carrier Bureau, 1250  23rd Street, N.W, Plaza Level.
          Copies of the  report may be  purchased by calling  International
          Transcription  Services (ITS) at (202) 857-3800.   The report can
          also  be downloaded  from  the FCC-State  Link computer  bulletin
          board at (202) 632-1361. 

                                         FCC

               For  additional  information,  contact  Jim   Lande  of  the
          Bureau's Industry Analysis Division, (202) 632-0745.