Canadian CLECs weather the storm

Since 1997, more than a dozen bravely optimistic competitive local exchange carriers (CLECs) set sail in Canada. With bullish business plans in hand, they challenged the incumbent local exchange carriers (ILECs) – particularly Bell Canada in Ontario and Quebec and Telus in Alberta and British Columbia. The Internet was growing, the economy was booming and the regulators promised a level-playing sea, so to speak.

You might say the CLECs were na