The Deregulation of the Telephone Industry: The Lessons from the U.S. Railroad Deregulation Experience

White, Lawrence J., "The Deregulation of the Telephone Industry: The Lessons from the U.S. Railroad Deregulation Experience" (March 1998). New York University, Center for Law and Business, Working Paper No. 98-016.

Abstract:

The deregulation of the telephone industry has been a major task of public policy for the past two decades. There have been some outstanding achievements but also some serious frustrations ? especially in the deregulation of local telephone service. This paper notes the parallels (as well as the differences) between the experience of railroad deregulation to distill and the lessons for and limits of telephone deregulation.

Facts on voip

• VoIP phones can integrate with other services available over the Internet, including video conversation, message or data file exchange in parallel with the conversation, audio conferencing, managing address books and passing information about whether others (e.g. friends or colleagues) are available online to interested parties.
• Voice over Internet Protocol (also called VoIP, IP Telephony, Internet telephony, and Digital Phone) is the routing of voice conversations over the Internet or any other IP-based network. The voice data flows over a general-purpose packet-switched network, instead of traditional dedicated, circuit-switched voice transmission lines.
• Keeping packet latency acceptable can also be a problem, due to network routing time (buffering, switching) and transmission distances (more relevant under satellite links).

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