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Regulatory influences have permanently altered the wireless telecommunications equipment industry. According to Industry Survey’s, “Deregulation of telecommunications services in the United States and in international markets has allowed thousands of new service providers to challenge the entrenched incumbent carriers, which previously had monopoly status in some nations or regions. In order to gain market share at the expense of more established rivals, these new providers often lower prices or more comprehensive service packages. The …

…of the World Trade Organization signed an agreement in February 1997 to open their telecommunications markets to international competition. To win customers in this highly competitive environment, virtually all telephone companies (telcos) have recognized that they must upgrade infrastructure to high-speed digital systems. Telcos as well as cable operators are racing to provide high-speed Internet access. They have also invested heavily to provide such value-added services as voice mail, caller identification, and call forwarding”(S&P 8).