Abstract
Abstract This paper reviews attitudes to direct foreign investment (DFI) in telecommunications in five countries: Australia, New Zealand, France, Germany and the UK. The paper discusses the following themes: the forces influencing the internationalization of telecommunications; issues relating to DFI and telecommunications such as why companies invest internationally and why governments regulate DFI; and attitudes to DFI in each of the countries. It is argued that, as countries progressively move towards a more liberalized telecommunications environment, DFI will become an increasingly important factor in telecommunications policy.
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