Buy custom The Economic Impact Of The New Telecommunications Legislation
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1393 |
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These
changes are caused by rapid progress in telecommunications technology, growing
demand for new services, the globalization of trade and manufacturing operations,
and increasing competition worldwide. It is also important to note that the
Canadian telecommunications market of $15 billion is small compared to those of
our major trading partners, the United States ($185 billion), the European
Community ($125 billion) and Japan ($65 billion) (Blackwell, 1993, p26)...
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These
factors were a mounting source of pressure on the previous regulatory structure
of the Canadian telecom system. As regulation was eased in other countries
around the world, Canada was beginning to lose its competitiveness. The USA and
Britain have made strategic decisions to increase competition in
telecommunications services and to modernize their "information infrastructures"...
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