32.2424—Submarine & deep sea cable.
(a)
This account shall include the original cost of submarine cable and deep sea cable and other material used in the construction of such plant. Subsidiary record categories, as defined below, are to be maintained for nonmetallic submarine and deep sea cable and metallic submarine and deep sea cable.
(1) Nonmetallic cable.
This subsidiary record category shall include the original cost of optical fiber cable and other associated material used in constructing a physical path for the transmission of telecommunications signals.
(2) Metallic cable.
This subsidiary record category shall include the original cost of single or paired conductor cable, wire and other associated material used in constructing a physical path for the transmission of telecommunications signals.
(b)
The cost of permits and privileges for the construction of cable and wire facilities shall be included in the account chargeable with such construction.
[51 FR 43499, Dec. 2, 1986, as amended at 67 FR 5687, Feb. 6, 2002]