Telecommunications services have a strong, rapidly growing global market that differs in different regions of the world. Telecommunications services differ in developing and developed countries due to fiber optic infrastructure, competition and modern technology (Olbeter, 2005). Telecommunications services have a strong market presence in developed countries like Europe, where the high demand for telephone services has pushed the government to increase the number of telephone lines by investing in an infrastructure network. Rapid changes and growth have led to the globalization of the telecommunications sector, where different telecommunications companies are merging and operating internationally. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”?Get the original essay Globalization has led to serious deregulation of telecommunications laws in various countries, including Europe. However, regulation of joint telecommunications companies is essential because it helps resolve disputes, protect consumers, combat anti-competitive manipulation, and achieve national goals such as universal access to services (Wild & Wild, 2018 ). For example, the settlement would have helped reduce disagreements and mistrust between French, German and Sprint partners. The joint venture failed because billing and equipment distribution varied depending on each country's monopoly. Managing telecommunications company joint ventures tends to be difficult due to the challenges of dual parenting. The owners do not operate transnationally due to disputes including the pace of business growth, procedures and operating costs. It is difficult to integrate a unified communications network, as in the case of the merger of France Telecom, Sprint and Deutsche Telekom. These disputes cause the joint venture to fail to achieve its goal of providing telecommunications services to global businesses. Operating nationally rather than transnationally would also minimize the language barrier that caused friction between staff. Businesses that use telecommunications services are more likely to be more scalable as the digital revolution improves customer service transactions. Scalability is the ability of a business to grow and meet growing demand by meeting consumer needs. However, capital and labor challenges can limit scalability when the business does not have the funds or assets required for a start-up as well as continued business operations. For example, Global One's venture capital business collapsed because the joint venture was unable to raise in international capital markets the large sums needed to plan for start-up and operation. Employees were also unable to work as a team due to the language barrier, which posed a labor challenge. The joint venture failed by making huge losses even though it operated on a global scale. Conclusion Keep in mind: this is just a sample. Get a personalized article from our expert writers now. Get a Custom Essay on the telecommunications industry where different telecommunications companies operate internationally. More and more businesses have gone global thanks to telecommunications services that help the business communicate..