USF Q1 Contribution Factor to Increase to 33.2%: Gregg

The USF contribution factor will increase from 28.9% during Q4 2022 to 33.2% during Q1 2023, emailed analyst Billy Jack Gregg Thursday (see 2209010064). The projected overall demand will likely be $2.13 billion, Gregg said, citing for the increase "large increases in demand" for the E-rate, rural healthcare and High Cost Fund programs.