In 1996 then President Bill Clinton signed into law The Telecommunications Act of 1996. This law eventually paved the way for the creation of CLECs. CLECs force fair competition. Around 12-13 years ago Comcast was allowed to enter the market with no regulations, causing a major ripple effect in business class Voice and data. My only opinion on that is they are a good Cable company. In the past year the Telco provides, aka the LECs, such as ATT, Lumen, Verizon have been granted authority by the FCC to abandon prior agreements to minimize work on the copper infrastructure and to force the hands to move to Fiber in questionable areas. As someone that is on the CLEC side of this I can only express dissatisfaction in how this was handled. Carriers have opted to charge 200-700% more than they did prior to fit each copper facility and of course as a provider one must pass the increase along. In all I feel this is more a rant but also curious to know how the business minded people see this and if anyone follows Telecom stock who will gain the most from this?
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