By Harald Gruber
A superb publication. i don't fee it 5 stars as a result of its rate, it really is too expensive.
The fabric is excellent and necessary for somebody who plans investments within the cellular undefined.
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Extra info for The Economics of Mobile Telecommunications
Sample text
Technological improvements, in particular the refinements in radio communication technology such as amplitude modulation (AM)4 and the invention of the thermo-ionic valve, led to the possibility of transmission of speech and music. However, wireless equipment was a low-volume and high-cost market. Before the start of the First World War there were some 2000–3000 wireless in use in the entire world, most of them in Britain. At the outbreak of the war in Europe the development of wireless was intensified, again mostly for 2 Historical accounts of the industry can be found in Calhoun (1988), Mehrotra (1994) and Garrard (1998), who also refer to primary sources.
In broadcasting) from the 400–900 MHz range of the spectrum took several more years (Calhoun, 1988). The first licences to cellular mobile telecommunication operators were eventually granted only at the beginning of the 1980s. Although the main technological breakthroughs in microelectronic technologies which were key to the cellular mobile telecommunications industry mainly occurred in the USA,18 the first cellular systems were actually put in place elsewhere. Because of the regulatory delays in assigning frequencies, the US was relatively late in deploying cellular mobile telecommunications networks.
6 Diffusion of analogue and digital mobile telecommunications, USA, 1984–1998 Source: ITU data. 36 The introduction of competition in the form of entry by new firms coincided in many European countries with the introduction of digital GSM networks. In fact, EU Directives required member states to grant at least two GSM licences for the 900 MHz frequency band and at least one further licence for the 1800 MHz frequency band. In an econometric study of the EU countries, Gruber and Verboven (2001a) showed, however, that the expansionary effect deriving from the switch to digital technology was much stronger than the effect deriving from introducing competition.
