A. From and after December 31, 2019, an incumbent cable operator may elect to do either of the following:

1. 1. Continue to operate within a service area as defined in the local license pursuant to section 9-1413.
2. 2. Terminate the incumbent cable operator's local license for a service area by applying for and obtaining a uniform video service license pursuant to this article.

B. On or before July 1, 2020, to elect to terminate a local license under subsection A of this section in the same manner as any other video service provider, an incumbent cable operator shall apply for a uniform video service license that includes only the service area that is defined in the local license. If an incumbent cable operator obtains a uniform video service license for the service area, both of the following apply:

1. 1. The applicant's local license is terminated as to the service area by operation of law from and after the date the local government issues the uniform video service license.
2. 2. The incumbent cable operator shall operate within the service area defined in the local license unless the incumbent cable operator elects under section 9-1414, subsection C to apply for a uniform video service license for a service area that consists of the boundaries of the local government.