In October 2014, the Federal Communications Commission (FCC or Commission) initiated a proceeding to revise its competitive bidding rules. The Notice of Proposed Rulemaking (NPRM) would: (1) prohibit joint bidding arrangements among nationwide providers, but retain the current rules governing such arrangements among smaller carriers; (2) increase the gross revenue thresholds defining the three tiers of small businesses; (3) eliminate its attributable material relationship rule; and (4) relax its former defaulter rule. The deadline for submitting comments on the NPRM has now been set. Comments are due by December 29, 2014, and reply comments are due January 20, 2015.