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The rapid pace of technological change is placing the world's telephone companies in a very difficult position. Fiber optics cables, wireless telephones, digital signal compression, and sophisticated new switching equipment are lowering the cost of providing service and opening the gates to new competition. At the same time, these new technologies are providing the telephone companies with a wide array of new market opportunities. Unfortunately, their status as regulated carriers makes it difficult to exploit these new opportunities and to fend off competitive assaults on their traditional telephone business. As long as they are regulated, they can be accused of using their monopoly services to cross-subsidize new competitive ventures. But partial deregulation and open entry would be a catastrophe for them unless they were allowed to revise their rate structure. There is a widespread misconception that the U.S. telecommunications industry has been "deregulated" and that Canadian authorities are following the U.S. lead. In fact, most services remain regulated, even though some markets, such as long-distance services, equipment sales and rentals, and local services, have been opened up. This book reviews the recent changes in the structure of U.S. and Canadian telecommunications industries and the changes in regulatory policy on both sides of the border. The authors analyze the effects of these changes in regulation on telephone rates in both the local and long-distance markets with particular emphasis on the impacts of regulatory reforms and competition on long-distance rates. They use their results to suggest how regulation should be structured to allow competition to replace monopoly on the road to the information superhighway. The authors contend that for decades misguided regulation of the telephone sector in both Canada and the U.S. denied consumers the benefits of competition, distorted local and long-distance telephone rates, and blocked en
After decades of liberalization of the telecommunications industry around the world and technological convergence that allows for increasing competition, sector-specific regulation of telecommunications has been on the decline. As a result, the telecommunications industry stands in the middle of a debate that calls for either a total deregulation of access to broadband infrastructures or a separation of infrastructure from service delivery. This book proposes new approaches to dealing with the current and future issues of regulation of telecommunication markets on both a regional and a global scale. This volume represents a valuable compendium of ideas regarding global trends in the telecommunications industry that focus on market and regulatory issues and company strategies. With an international cast of contributors, Regulation and the Evolution of the Global Telecommunications Industry also provides insight into topics including: mobile Internet development, structural function and separation, global experiences with next generation networks, technology convergence and the role of regulation, and the regulatory impact on the balance between static and dynamic efficiencies. The empirical evidence and experiences presented here illustrate the diversity of thoughts and research that characterize this important area of academic and business research. Thus, it will be a critical reference for scholars and students of regulatory economics, policy and finance and researchers and administrators of the telecom industry.
The Bell System dominated telecommunications in the United States and Canada for most of the twentieth century, but its monopoly was not inevitable. In the decades around 1900, ordinary citizens—farmers, doctors, small-town entrepreneurs—established tens of thousands of independent telephone systems, stringing their own wires to bring this new technology to the people. Managed by opportunists and idealists alike, these small businesses were motivated not only by profit but also by the promise of open communication as a weapon against monopoly capital and for protection of regional autonomy. As the Bell empire grew, independents fought fiercely to retain control of their local networks and companies—a struggle with an emerging corporate giant that has been almost entirely forgotten. The People's Network reconstructs the story of the telephone's contentious beginnings, exploring the interplay of political economy, business strategy, and social practice in the creation of modern North American telecommunications. Drawing from government documents in the United States and Canada, independent telephone journals and publications, and the archives of regional Bell operating companies and their rivals, Robert MacDougall locates the national debates over the meaning, use, and organization of the telephone industry as a turning point in the history of information networks. The competing businesses represented dueling political philosophies: regional versus national identity and local versus centralized power. Although independent telephone companies did not win their fight with big business, they fundamentally changed the way telecommunications were conceived.
Since the last edition of the book was published, there have been a number of important developments in the telecommunications industry, for example the operational separation of BT in the UK, which may prove a model for the rest of Europe in dealing with incumbent operators, and the debate over "network neutrality" in the US, which is dominating the roll-out of the infrastructure.Telecommunications Law and Regulation is fully updated and contains new chapters on technology and markets, and capacity agreements. Other topics addressed in this new edition include the consequences of convergence within an EU and international context, including the blurring of conduit and content regulations; the implications of IP and Next Generation Networks; issues of communication privacy in the context of the "war on terrorism", and how these impact on the commercialoperations of service providers; the obtaining and trading of spectrum, with governments and regulators looking to fully exploit the"digital dividend"; and the application of ex post competition law to the sector, as governments attempt to deregulate competitive markets. The book examines all aspects of EU 2003regime; implementation issues, and the proposed reforms arising from the 2006 review.Written by leading experts in the field, it offers comprehensive coverage of the law and regulatory structures relating to telecommunications. It is essential reading for legal practitioners involved in the communications industry and of interest to management consultants, bankers and accountants who will need to be aware of the legal implications of this fast changing area. It is also a highly accessible and thought-provoking book for postgraduate study.
Advancement of telecommunications and information infrastructure occurs largely through private investment. The government affects the rate and direction of this progress through regulation and public investment. This book presents a range of positions and perspectives on those two classes of policy mechanism, providing a succinct analysis followed by papers prepared by experts in telecommunications policy and applications.
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."