Presenting a full interpretation of the law concerning telecommunications deregulation, this volume evaluates the US Telecommunications Reform Act of 1996 in its entirety and addresses the economic implications for prospective market restructuring, impending competition and strategic planning. The book also aims to provide the comprehensive evaluation needed to: forecast market trends in telecommunications supply and demand; estimate the costs of new product development, pricing and distribution; design strategic plans to maximize emerging market opportunities; identify the elements likely to have the greatest impact on future mergers, acquisition, alliances, partnerships, and business formations worldwide; and apply appropriate forecasting methods in relation to competitive threats.