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1. Introduction The global market for telecommunications is expanding rapidly. It is not a question of "demand pull" or "supply push". Both are happening. The interaction of these two forces has made telecommunications one of the leading growth sectors in the world economy. It has also made telecommunications one of the most important components of social, cultural and political activity. As a result, due to privatisation and deregulation mostly, the global telecommunication industry is undergoing tremendous changes the recent decade evolving technological capabilities and increased competition. These important factors in the environment of the telecommunications firms interacted in determining the ownership structure of the industry as a whole and moreover, as competitive boundaries are shifting in service provision, telecommunication firms need to acquire new skills and develop or sustain a competitive advantage in order to succeed in the future. According to Joshi et al, (1998), telecommunication firms have two distinct choices...

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