Finds that the competitiveness of telecommunications services makes regulatory modernization necessary to ensure fair regulatory treatment of telecommunications service providers who provide similar services.

Recognizes that it is vital to achieve regulatory modernization for telecommunications service providers who are responding to consumer choice by investing in infrastructure, which directly benefits consumers and the state.

Declares an intent to maintain and strengthen consumer choice, provide incentive for increased private investment in technology infrastructure, and provide regulatory fairness among competitive telecommunications service providers by modernizing the state's telecommunications laws.