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The incumbent is the current holder of an office or position. In an election , the incumbent is the person holding or acting in the position that is up for election, regardless of whether they are seeking re-election.
An incumbent local exchange carrier is a local exchange carrier (LEC) in a specific area that on the date of enactment of the Telecommunications Act of 1996 , provided telephone exchange service on the date of enactment, was deemed to be a member of the National Exchange Carrier Association pursuant to the Code of Federal Regulations (C.F.R ...
Local telephone companies at the time of the divestiture are also known as Incumbent Local Exchange Carriers (ILEC). The divestiture created local exchange carriers for the management of local telephone lines and switches, and provisioning of local phone services within their business area, as well as the long-distance calls originating or ...
A competitive local exchange carrier (CLEC), in the United States and Canada, is a telecommunications provider company (sometimes called a "carrier") competing with other, already established carriers, generally the incumbent local exchange carrier (ILEC).
That is a hint to one of the most important lessons of the Wintel saga and beyond: Protecting the incumbent business, even in a time of transition, is almost impossible to resist. That course ...
It describes how large incumbent companies lose market share by listening to their customers and providing what appears to be the highest-value products, but new companies that serve low-value customers with poorly developed technology can improve that technology incrementally until it is good enough to quickly take market share from ...
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Strategic excess capacity may be established to either reduce the viability of entry for potential firms. [5] Excess capacity take place when an incumbent firm threatens to entrants of the possibility to increase their production output and establish an excess of supply, and then reduce the price to a level where the competing cannot contend.