ABSTRACT
The revolution in communications and information services is high on every analyst’s list of factors permitting or propelling the globalization of the world economy. This revolution creates a vastly greater ability to organize work and social, political and cultural networks on a global scale (Cairncross, 1997). But this new technological capability could only emerge after a revolution in the policies for the market in global communications and information services. Competition had to replace monopoly for technological possibilities to become market realities. Capped by the Agreement on Basic Telecommunications Services at the World Trade Organization in 1997 this market has undergone fundamental changes in organizing global competition rules over the past twenty years.
