581. The Uncertain Future of the Telecommunications Industry
- Author:
- Robert E. Litan and Roger G. Noll
- Publication Date:
- 01-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- The U.S. telecommunications industry is riding a roller coaster. For most of the 1990s, the industry's future looked promising. The growth of Internet use, the promise of a broadband network, and a less restrictive regulatory environment that was expected following passage of the 1996 Telecommunications Act led industry experts to forecast rapidly growing demand for core network services along with high-margin business opportunities in an expanding array of new information services. The industry backed these expectations with massive investments to expand the capacity of both wireless and wire line networks as well as to facilitate the expected boom in high-speed data transmission.
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
- Political Geography:
- United States