Strategic Challenges in a Global Market
Chapter 3: Structural and Strategic Adjustment in Asia-Pacific Mobile Telecommunications
3. Structural and strategic adjustment in Asia-Paciﬁc mobile telecommunications 3.1 INTRODUCTION Chapter 1 has shown that in the aftermath of the meltdown of 2000/02 there has been an unprecedented surge in structural and strategic adjustments in the worldwide mobile telecommunications industry. Mobile operators have bought and sold stakes in one another, entered some markets while exiting others and, less frequently, consummated mergers with one another. Although such adjustments are clearly evident in many regions as later chapters will demonstrate, they are less visible in the Asia-Paciﬁc region. It is not immediately obvious why this is the case. In the ﬁrst place, AsiaPaciﬁc contains a number of very large individual networks and mobile operators, in part due to the result of the relatively late privatisation and liberalisation.1 In addition, foreign direct investment between contiguous countries, encouraged by cultural aﬃnities, might be expected. However, although Ronen and Shenkar (1985) demonstrate that some countries in the region do share cultural aﬃnities, others like India and Japan are best treated as culturally independent, while the Paciﬁc Rim is heavily biased towards ‘Anglo’ culture (Curwen and Whalley, 2006). Thirdly, many countries in the region are developing countries. This results in relatively low average incomes, with correspondingly low mobile penetration rates.2 As a consequence, there has been, and often remains, enormous growth potential by the standards of other regions such as Europe or North America. As a result, mobile operators based in the AsiaPaciﬁc region have understandably focused their...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.