U.S. Telecommunications Today

10 Pages Posted: 8 Feb 2010

See all articles by Nicholas Economides

Nicholas Economides

New York University - Leonard N. Stern School of Business - Department of Economics

Date Written: March 1998


This paper reviews the current conditions in the U.S. telecommunications industry. It first examines the impact of technological and regulatory change on market structure and business strategy, and then the impact on pricing of digitization and the emergence of internet telephony. Then the paper considers the effects of the 1996 Telecommunications Act on market structure and strategy in conjunction with the history of regulation and antitrust intervention in the telecommunications sector. After discussing the impact of wireless technologies, the paper concludes with some short-term predictions, as well as concern about the derailment of the implementation of the 1996 Act by aggressive legal tactics of entrenched monopolists (the local exchange carriers), and the real danger that the intent of Congress in passing the 1996 Act to promote competition in telecommunications will not be realized.

Suggested Citation

Economides, Nicholas, U.S. Telecommunications Today (March 1998). NYU Working Paper No. 2451/14299, NYU Working Paper No. IS-98-04, Available at SSRN: https://ssrn.com/abstract=1548810

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