This chapter presents a distinction between several classes of authors who write about how communication networks effect territories: minimalists, moderates, Utopian maximalists, realistic maximalists. It argues that geospace and cyberspace are both involved in an emerging process of fusion — a new geographic reality which can call ‘geocyberspace’. The nature of the role and the specific advantages of telecommunications in the context of regional development and location of activities have to be clearly defined. Study of the relationship between telecommunications and regional development has for a long time experienced difficulty influencing government planning policy. There are several ways of approaching the problem of relations between telecommunications and regional structures. Telecommunications networks are assuming new significance in the context of economic globalization and have profoundly changed space and time. The disparity of economic or social factors in different territories is an unavoidable fact stemming from historical social organization of the world.