In the Matter of International Settlements Policy Reform and International Settlement Rates

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This document is a summary of the Report and Order adopted by the Commission in this proceeding. The Commission exempted the application of the International Settlements Policy (ISP) from U.S.- international routes that complied with its Benchmarks Policy. The Commission also eliminated its International Simple Resale (ISR) Policy. The Commission maintained the application of its Benchmarks Policy to all U.S.-international routes. The Commission committed to developing and releasing a Notice of Inquiry regarding the nature and effect of high foreign mobile termination rates on U.S. consumers.