The FCC’s Wireline Competition Bureau has adopted an Order to approve National Exchange Carrier Association, Inc.’s (NECA) proposed high-cost loop support (HCLS) formula modifications. The Commission’s rules require that the formula simulate the disbursements that would be received by an average schedule company. The new HCLS formula will take effect January 1, 2025, and remain in effect through December 31, 2025. The proposed formula projects approximately $6.02 million in payments to carriers serving 59 average schedule study areas, an increase of 22.1 percent over payments to the approved 2023 formula.