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Regulation, innovation and market structure in International Telecommunications: The case of the 1956 TAT1 submarine cable

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  • Jill Hills

Abstract

This article sets out to demonstrate how regulation, markets and technology can be intertwined. It argues that the introduction of technology in a regulated market, such as that of international telecommunications, must be seen in terms of its impact on economic and political alliances in that regulatory market. It presents a case study of the first transatlantic telephone cable, TAT1 - a joint project between the US company, American Telephone & Telegraph (AT&T), the British Post Office (GPO) and Canada's Overseas Telephone Corporation - and a coaxial cable proposed by another US company, International Telephone and Telegraph (ITT). Both cables became part of a British attempt to alter existing British and US domestic regulation of international telegraph transmission.

Suggested Citation

  • Jill Hills, 2007. "Regulation, innovation and market structure in International Telecommunications: The case of the 1956 TAT1 submarine cable," Business History, Taylor & Francis Journals, vol. 49(6), pages 868-885.
  • Handle: RePEc:taf:bushst:v:49:y:2007:i:6:p:868-885
    DOI: 10.1080/00076790701710373
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    Cited by:

    1. Scott, Susan V. & Zachariadis, M., 2010. "A historical analysis of core financial services infrastructure: Society for Worldwide Interbank Financial Telecommunications (SWIFT)," LSE Research Online Documents on Economics 33886, London School of Economics and Political Science, LSE Library.

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