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An optical local exchange carrier (OLEC) is a telephone company that uses a fiber-optic system to connect customer equipment to carrier facilities, rather than the more traditional twisted-pair copper wires. Optical local exchange carrier access enhances network bandwidth by several gigabits per second.
Techopedia Explains Optical Local Exchange Carrier
The deployment of optical fibers increases network bandwidth, enabling the provision of high-quality videoconferencing, large file transfers, data storage warehousing and data mirroring.
In telecommunications, local exchange carrier is a regulatory term used to refer to the local telephone company.
