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He wanted, he said, to avoid the "kind of horror stories we saw in the telecommunications restructuring" -- the breakup of Ma Bell -- "where it took 20 years to make the transition and there were a lot of dislocations that occurred in the process".
China Netcom recently acquired mobile rival China Unicom, as part of a state-sponsored telecommunications restructuring.
in Telecommunications: Restructuring Work and Employment Relations World-wide.
"The United States". in Telecommunications: Restructuring of Work and Employment Relations Worldwide.
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It said the losses had been caused by the flagging telecommunications market, restructuring costs and costs linked to its terminals division.
In a letter to Mr. Ecevit last week, President Bush expressed confidence that Turkey would meet the requirements and laid down some benchmarks, including privatizing telecommunications and restructuring the banking industry.
The British telecommunications concern Energis, which is restructuring its debt, said it would not make a £13.7 million ($19.5 million) bond interest payment due today.
Part of the reason that the 1996 Telecommunications Act has produced only small crumbs of competition is that restructuring a huge and hugely complex market takes time.
To prepare for the move to 3G, China restructured its telecommunications industry into three major players earlier this year.
Khoong Hock Yun, an official in the Infocomm Development Authority of Singapore, said the government had seen an opportunity to introduce a next-generation fixed-line network, as well as to restructure its telecommunications sector.
Nippon Telegraph and Telephone, the Japanese telecommunications monolith that has restructured over the last year to become more adaptable and profitable, announced further plans today to improve and better position itself for an explosion in demand for Internet-related services.
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