Abstract

The technological developments brought about by microelectronics, computer science and fiber optics paved the way for the powerful global wave of deregulation of telecommunications in the last decade of the 20th century. In turn, they activated profound transformations in the telecommunications equipment industry. The traditional link between operators and equipment producers broke down and the vertical integration between the service and the industry was fragmented. As a consequence, even when the market of the sector remained oligopolistic, restructuring was required. This article examines the reconversion in the aforementioned industry in Spain between the end of the 1980s and the beginning of the 21st century. It analyzes the complex interaction between multiple actors in the shaping of the new global industry within the increasing integration of Spain to the world economy, the international division of labor and the intensification of international competition.

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