POLICY.

Considering the status of competition in the telecommunications industry, it is the policy of this state to: (1) provide a framework for an orderly transition from the traditional regulation of return on invested capital to a fully competitive telecommunications marketplace in which all telecommunications providers compete on fair terms; (2) preserve and enhance universal telecommunications service at affordable rates; (3) upgrade the telecommunications infrastructure of this state; (4) promote network interconnectivity; and (5) promote diversity in the supply of telecommunications services and innovative products and services throughout the entire state, including urban and rural areas.