Summary
There is a rapid change in the telecommunications world brought about by new technologies like broadband and wireless Internet access that make possible video telephone connections and high speed data transmission. The demand for telephone call increases and various countries are taking advantage of the market opportunities. The end result is the globalization of the telecommunication industry as alliances and joint venture partnerships are formed. France Telecom, Deutsche Telekom, and Sprint created Global One to bring international telecommunications services to multinational companies. This was however marked by some limitations in the initial stage including high start-up costs and language barriers. ...
