The basic objective of any business enterprises is to maximise the profits and create value for the shareholders. In meeting these objectives the management of the enterprise takes various decisions such as investing, financial and operational. The financial effect of these decisions is...

Destructive effects of corruption, that is defined as private use of public authority, on economy are mainly recognized through economic growth, income distribution and economic stability. In public sector, its effects are also identified as reduction in revenues and destruction in spending...

Der Telekommunikationssektor ist diejenige Netzindustrie, die innerhalb der Europäischen Union dem wohl ambitioniertesten Reformprozeß unterworfen wurde. Deregulierung und Privatisierung sind die wesentlichen Bausteine, von denen dauerhaft niedrigere Preisniveaus, beschleunigter technischer...

Getrieben von einem raschen Digitalisierungsprozess ist Konvergenz für den Telekommunikations- und Mediensektor nicht nur eine mögliche Zukunft, sondern bereits zur Realität geworden. Dieser Beitrag beschäftigt sich mit vertikaler Integration, also dem Verschmelzen bisher unabhängiger...

This paper discusses the nature, importance, and measurement of non-tariff barriers (NTBs) in services trade with particular reference to telecommunications services. It is shown that although more effectively addressed for the telecom sector at the multilateral level than for other service...

During the past two decades, international trade in telecommunication services has significantly intensified. What is more, an increasing number of telecommunications operators have begun to expand their activities beyond national borders through FDIs, joint ventures, and cooperation agreements....

The liberalization of the basic telecommunications sector in Asian countries is examined in this paper with a view to identify the elements of good policy and examine how it can be promoted through multilateral negotiations. We find that despite the move away from traditional public monopolies,...

This paper looks at the role of the key international agreements in the process of liberalization of the telecommunications industry. We analyse in particular the role of the WTO agreement in furthering liberalization around the world, and the extent to which it provides protection for foreign...

Technical standards in telecommunications – the central focus of this paper - were traditionally developed by official government accredited or intergovernmental organizations. In the last two decades, however, private forums and consortia of standardization have evolved which initiated a...

The article refers to the interplay between deregulation resp. liberalization of the telecommunications sector and the market behaviour of TC-firms. In the past monopolization of the sector left the PTTs in a comfortable national monopolistic situation, but substantially confined their scope of...