Incumbent local exchange carrier
The term incumbent local exchange carrier (ILEC) was introduced in the Telecommunications Act of 1996 (TA96). An ILEC is the local telecommunications carrier, often one of the Baby Bells created by the 1984 break up of AT&T. In TA96 the ILEC was mandated to provide access to their facilities to new entrants, referred to as competitive local exchange carrier (CLEC), at a discount. The intent being to create competiton in the local access market. The incentive for the ILEC was the potential to enter the long distance market when they could demonstrate comptition existed for local services.
|<mp3>http://podcast.hill-vt.com/podsnacks/2007q2/ilec.mp3%7Cdownload</mp3> | Incumbent Local Exchange Carrier (ILEC)|