Incumbent Local Exchange Carrier in the context of "Local exchange carrier"

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⭐ Core Definition: Incumbent Local Exchange Carrier

An incumbent local exchange carrier (ILEC) is a local telephone company which held the regional monopoly on landline service before the market was opened to competitive local exchange carriers, or the corporate successor of such a firm, in the United States and Canada.

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👉 Incumbent Local Exchange Carrier in the context of Local exchange carrier

Local exchange carrier (LEC) is a regulatory term in telecommunications for the local telephone company.

In the United States, wireline telephone companies are divided into two large categories: long-distance (interexchange carrier, or IXCs) and local (local exchange carrier, or LECs). This structure is a result of 1984 divestiture of then-regulated monopoly carrier American Telephone & Telegraph. Local telephone companies at the time of the divestiture are also known as Incumbent Local Exchange Carriers (ILEC).

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