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RLEC |
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CHICAGO -- Fitch Ratings believes that underlying negative trends support consolidation in the rural local exchange carrier (RLEC) industry over the coming years. Fitch believes trends in the rural local exchange carrier (RLEC) segment and reliance on traditional sources of wireline revenue warrant a more negative outlook than for the industry as a whole. Focused on initiatives in rural communities throughout the United States, RUS provides financing for construction, procurement of equipment, and enhancements to the networks of primarily Independent Operating Companies (IOCs) and Rural Local Exchange Carriers (RLECs). |
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