Deregulating and Liberalizing the North-American Telecommunications Market PDF Download
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Author: Peter F. Cowhey
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
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Book Description
Author: Peter F. Cowhey
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
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Book Description
Author: Ekaterina Markova
Publisher: Springer Science & Business Media
ISBN: 3790821047
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
Telecommunications are increasingly recognized as a key component in the infrastructure of economic development. For many years, there were state-owned monopolies in the telecommunications sector. In transition economies, they were characterized by especially poor performance and high access deficits, as telecommunications were considered to be a non-profit-oriented production process intended to support the socio-economic superstructures. As a result, the starting point for the reform processes in transition countries was quite poor performed public monopolies, functioned under completely different circumstances as the peers in the market economies. The main question of this book is what the strategies for the successful future development of the telecommunications sector in transition countries are. The special focus is on Russia, the largest of the transition countries.
Author: Robert W. Crandall
Publisher: Rowman & Littlefield
ISBN: 0815797702
Category : Business & Economics
Languages : en
Pages : 225
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Book Description
The 1996 Telecommunications Act was an attempt to increase competition among telecommunications providers in the United States by reducing regulatory barriers to market entry. This competition was expected to drive innovation in the telecommunications sector and reap economic benefits for both American consumers and telecommunications providers. The legislation, however, had a markedly different impact. While many of the more aggressive providers enjoyed sharp short-term rises in stock market values, they soon faced sudden collapse, leaving consumers with little or no long-term benefit. In Competition and Chaos, Robert W. Crandall analyzes the impact of the 1996 act on economic welfare in the United States and how the act and its antecedents affected the major telecommunications providers. He argues that the act was far too stringent, inviting the Federal Communications Commission and state regulators to micromanage competitive entry into local telecommunications markets. Combined with the bursting of the dot.com and telecom stock market bubbles, this aggressive policy invited new and existing firms to invest billions of dollars unwisely, leading to the 2001–02 collapse of equity values throughout the sector. New entrants into the market invested more than $50 billion in unproductive assets that were quickly wiped out through massive failures. The 1996 act allowed the independent long-distance companies, such as MCI and AT&T, to live a few years longer. But today they are a threatened species, caught in a downward spiral of declining prices and substantial losses. The industry is preparing for an intense battle for market share among three sets of carriers: the wireless companies, the local telephone carriers, and the cable television businesses. Each has its own particular advantage in one of the three major segments of the market—voice, data, and video—but none is assured a clear path to dominance. Although the telecom stock market collapse i
Author: Kirsten Rodine-Hardy
Publisher: Cambridge University Press
ISBN: 1107022606
Category : Business & Economics
Languages : en
Pages : 231
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Book Description
This book shows the surprising ways in which globalization has led to the spread of liberal reforms in the telecommunications sector around the world. This book argues that international organizations, rather than just markets, structure this diffusion of policy innovation by providing information, sharing policy standards, and developing regulatory networks. The book aims to disaggregate the concept of globalization using econometric analysis and controlled case comparisons, and shows how governments play a critical role in allowing the spread of exciting new technologies and access to the broader world.
Author: Robert Britt Horwitz
Publisher: Oxford University Press, USA
ISBN: 0195054458
Category : Business & Economics
Languages : en
Pages : 430
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Book Description
Horwitz here examines the history of telecommunications to build a compelling new theory of regulation, showing how anti-regulation rhetoric has often had unintended and unwanted effects on American industry.
Author: Eli M. Noam
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
For almost a century, a relatively smooth cooperation characterized transatlantic communication; problems mostly involved technical compatibility and were resolved by technologists of the monopolistic telephone organizations on either side of the Atlantic. In recent years, however, the nature of international communications, its institutions, and its collaborative arrangements have radically changed. There now exists a great variety in the patterns of ownership and usage of telecommunications across different countries. This has led to a disequilibrium in the world telecommunications market that raises complex questions: Can evolving domestic deregulation be reconciled with an international regulatory regime? How does international trade regulation affect multinational governmental cooperation and private collaboration? Is competition viable in all sectors of the international telecommunications industry?
Author: Milton Mueller
Publisher: Transaction Publishers
ISBN: 9781412835633
Category : Language Arts & Disciplines
Languages : en
Pages : 206
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Book Description
In 1986, the state of Nebraska completely discarded traditional utility regulation, deregulating rates and profits of its local telephone companies. The Nebraska experiment has become a benchmark for reassessing the role of state regulation in the future of telecommunications. Using comparative data from five midwestern states, Mueller shows how deregulation affected rates, investment, infrastructure modernization, and profits. He uncovers both positive and negative results. Mueller found established telephone companies to be basically conservative, not aggressive and expansionist, and concludes that new competition, not regulation or deregulation, is transforming the telecommunications industry.
Author: James Shaw
Publisher: Artech House
ISBN: 9781580532761
Category : Business & Economics
Languages : en
Pages : 592
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Book Description
A comprehensive economic examination of the global competitive restructuring that is now occurring as a result of the US Telecommunications Act 1996. The book guides the reader to the most effective methods of building and enhancing competitive advantage in new markets.
Author: Tom W. Bell
Publisher: Cato Institute
ISBN: 9781882577682
Category : Law
Languages : en
Pages : 176
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Book Description
The Telecommunications Act of 1996 has failed to fulfill its deregulatory promise. The act in many cases has replaced regulated monopoly with eerily similar regulated competition. Only markets that are truly free will innovate and remain healthy in the long run. These essays suggest how to move toward free markets in telecommunications.
Author: Milton L. Mueller
Publisher: Taylor & Francis
ISBN: 1000943666
Category : Business & Economics
Languages : en
Pages : 198
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Book Description
Computerization has generated dramatic advances In telecommunications, such as mobile telephones and video conferencing. Coupled with this are major changes in regulation, as telephone companies face new competitors. States are experimenting with new forms of utility regulation and deregulation in order to cope with the demands of rising competition. Here Mueller examines in detail the results of a radical telephone regulation law.In 1986, the state of Nebraska completely discarded traditional utility regulation, deregulating rates and profits of its local telephone companies. The Nebraska experiment has become a benchmark for reassessing the role of state regulation In the future of telecommunications. Using comparative data from five midwestern states, Mueller shows how deregulation affected rates, investment, infrastructure modernization, and profits. He uncovers both positive and negative results. Mueller found established telephone companies to be basically conservative, not aggressive and expansionist, and concludes that new competition, not regulation or deregulation, is transforming the telecommunications industry.This book is the first systematic empirical study of the controversial Nebraska law and its broader effects. It will be a significant addition to the much debated issue of telecommunications deregulation. Economists, policymakers, and telecommunications managers will find in this volume a substantial resource. According to Robert Atkinson, senior vice president of Teleport Communications Group: "Nebraska's experiences with telecommunications deregulation - the good, the bad and the ugly - need to be understood by all telecommunications policymakers across the country so that they can emulate Nebraska's successes and avoid its mistakes. Mueller provides the roadmap."
