Telecommunication companies around the world has high concentration in many countries. For instance, Australia you have Telstra. This gives them the power to set their own prices above the rest.
However, we are fortunate that globalization has made all industries more competitive and even the monopolies have to make themselves more competitive.
For instance, with Vodafone trying to build a strong network system in Australia, it is forcing Telstra to improve and better themselves.
However, we are fortunate that globalization has made all industries more competitive and even the monopolies have to make themselves more competitive.
For instance, with Vodafone trying to build a strong network system in Australia, it is forcing Telstra to improve and better themselves.
