This article concerns the international economic relationships between the telecommunications operators which enable them to connect international calls. It focuses on how these relationships are evolving, and on the regulatory policies affecting them. It summarises the existing arrangements...

One by one previously calm, traditional areas of telecommunications planning and policy have been upset and their landscapes changed beyond recognition by technological and social change: examples now familiar include the revolution in network planning brought about by digital and stored-program...

The term 'Videotex' has recently been adopted internationally to describe some of the simple, low- cost electronic means of 'publishing' text and graphics. The technology is expected to become widely available in the next five years. The author reviews the key technical and managerial issues and...

This article reviews national regulatory institutions and processes for telecommunications, and assesses some advantages and disadvantages of the alternatives. It is based on a report commissioned by the International Telecommunication Union (ITU) in connection with its Regulatory Colloquium...

This article reviews national regulatory policies that bear on the goals of universal service and of innovation in basic telecommunication services, primarily voice telephony. It summarizes a report commissioned by the International Telecommunication Union (ITU) in connection with its Regulatory...

As the energy problems of the West continue, an increasing amount of attention is focused on methods of energy conservation. The authors develop an 'activist' view of the role of telecommunications as a component of energy-conservation policy. Advanced telecommunications offer an alternative to...

For years institutional investors have concentrated their holdings of common stock in a relatively small group, the “institutional favorites.” While the market performance and changes in the composition of institutional favorites were reported in financial literature from the 1950s, no...

Contrary to theory, financial managers constantly attempt to exploit timing to offer securities that are the least costly to existing shareholders. The purpose of this study is to illustrate the difference between theory and practice and to offer some rationale for this difference.