Telecommunications Deregulation

Telecommunications deregulation refers to the process of reducing government controls and restrictions on the telecom industry, allowing private companies more freedom to operate, compete, and set prices. This shift encourages innovation, improves services, and lowers costs for consumers by fostering competition. It typically involves removing or relaxing regulations on ownership, pricing, and market entry, aiming to create a more dynamic and efficient telecommunications market. Overall, deregulation seeks to modernize the industry, promote growth, and improve accessibility for all users.