A change occurs as the market becomes global. Since governments are privatizing telecommunication monopolies, the governments are becoming regulators of telecommunications rather than providers. Liberalization is the process of opening telecommunication markets to competition. Also, developments in both the Asian countries of Singapore, Japan, Malaysia, India, Indonesia, Philippines, and Taiwan, and the Pacific countries of New Zealand and Australia are explored. As liberalization occurs, regulation shifts from the monopolist to legislative.
Competition is needed.
Thus, the legislature enacts industry legislation to regulate the market by controlling access to networks and prevents exploitation of a competitive edge. The legislative developments of New Zealand, Australia, India, Japan, Philippines, and Hong Kong are conveyed. This is a sign of a maturing market and convergence. Thus, the foreign developments are from a monopoly to competitive private ownership. Finally, industry developments, cellular telephones and globalization are mentioned.