One layer is about the organization of production and we tend to forget this one, how giant corporations use computer networks to rationalize and restructure their productive methodology internally, so that they can have a greater span of control for their top managers, so that they can get rid of the middle layer of managers and push decision making down, without letting go of control . It is also a mechanism of coordination between corporations. This is a driving force behind the industry. Ignoring this is a myopic short sightedness of the Internet community. Instead, we are entranced by another layer.
Telecommunications is also about culture.
It is a culture industry, with movie stars. It's sexy and we like that. If we are doing a political economy of the culture industry we have to understand that it is not a product in the usual sense. Similarly, telecommunications is about human communication and sociability. Who do we talk to, how often, about what.