Communication is a crucial basis for the development of each individual's social identity as well as for intellectual and commercial exchange and economic development. Therefore, the question is not whether telecommunications industries have a future but what kind of future old and new players will have, given the dynamic changes in technologies and markets with various opportunities, challenges, and discontinuities. This book contains the results of a Transatlantic Symposium organized by the Munchner Kreis and supported by Georgetown University and its BMW Center for German and European Studies. The symposium combined perspectives from industrial practice and academic research originating from North America and Europe. The key issues were the technological drivers of change, changing market structures and business models, and the nature of future regulation on telecom markets.
1 Welcome 1
1.1 Prof. Jeff Anderson, Georgetown University, School of Foreign Services, BMW Center for German and European Studies (CGES) 1
1.2 Prof. Dr. Arnold Picot, Münchner Kreis and Konrad Adenauer Visiting Professor (CGES), Georgetown University 2
2 Telecommunication Industries in Transition: Winning the Future through Innovation and Change 5
Chair: Prof. Dr. Arnold Picot, Münchner Kreis and Georgetown University
2.1 Dr. Thomas Ganswindt, Siemens AG 5
2.2 Discussion 35
3 All IP - All IT - All Wireless: The Drivers of Change 41
Chair: Prof. Dr. Jörg Eberspächer, Munich University of Technology
3.1 Gary A. Cohen, General Manager, Global Communications Sector, IBM Corp. 41
3.2 Christine Heckart, Juniper Networks Inc., Sunnyvale 48
3.3 Dr. Thomas Ganswindt, Siemens AG, München 51
3.4 Discussion 58
4 Technology as Driver of Change in Telecommunications 69
Prof. Robert Calderbank, Princeton University
5 Market Structures and Business Models of the Future Consolidation or Persisting Turbulence - Monopolization or Fragmentation: What will Future Telco-Markes look like? 87
Chair: Prof. Dennis Lockhart, Georgetown University
5.1 Perspective from USA 87 Prof. Eli Noam, Columbia University, Graduate School of Business, Columbia Institute for Tele-Information (CITI)
5.2 Perspective from Europe 92 Dr. Karl-Heinz Neumann, General Manager WIK - Scientific Insitute for Communication Services, Bad Honnef
5.3 Discussion 101
6 Determinants of Future Market Success 105 Chair: Prof. Dr. Thomas Hess, University of Munich
6.1 Prof. Michael Dowling, University of Regensburg 105
6.2 Eckart Pech, Detecon Inc., Reston 111 6.3 Prof Dr. Rolf T. Wigand, University of Arkansas at Little Rock 118
6.4 Discussion 121
7 How Much and What Kind of Regulation Will be Needed in the Networked World of Tomorrow? 129 Chair: Prof. Dr. Arnold Picot, Münchner Kreis und Georgetown University
7.1 Prof. John W. Mayo, Georgetown University 129
7.2 Prof. Stephen C. Littlechild, Judge Institute, University of Cambridge, UK 147
7.3 J. Gregory Sidak, American Enterprise Institute 155
7.4 Prof. Justus Haucap, Ruhr-University of Bochum 158
7.5 Prof. Robert C. Atkinson, Columbia Institute for Tele-Information (CITI) 169
7.6 Stefan Doeblin, Chairman Network Economy Group 182
Appendix 189
List of Speakers and Chairmen