Regulatory policy should recognize that:
(1) there are differences between small and large incumbent local exchange companies;
(2) there are a large number of customer-owned telephone cooperatives and small, locally owned investor companies; and
(3) it is appropriate to provide incentives and flexibility to allow an incumbent local exchange company that serves a rural area to:
(A) provide existing services; and
(B) introduce new technology and new services in a prompt, efficient, and economical manner.
Official text of the Texas Utilities Code as published by the Texas Legislative Council.