ABSTRACT
The US-European relationship in the telecommunications sector is by far the most important in the world. The United States and Europe are the two largest markets in the world for telecommunications services, in both sales and main lines. The most promising growth in satellite services comes from a new type of mobile satellite service, provided by low-earth and middle-earth orbiting satellites. Telecommunications equipment manufacturing is experiencing a similar revolution. Telecommunications equipment is becoming increasingly important to all economies as the information equipment industries, including telecommunications network equipment, software, consumer electronics, and computers, start to merge. The mobile/cellular market can be divided into three categories: cellular telephony, paging services, and specialized radio services. International calls have always been extremely expensive in Europe, and the disparity with the United States became much more pronounced during the 1980s, when competition became the norm in the United States.
