world trade organization restricted s c w 74 8 december 1998 98 4942 council for in services telecommunication background note by the secretariat introduction this has been prepared context of information exchange programme currently conducted preparation forthcoming further round negotiations on it is not a full or exhaustive account sector which already extensively studied members following part ii deals with definition iii its economic importance iv an analysis gats commitments and v regulatory environment telecommunications industry process rapid structural change dramatic growth national monopolies have dominated almost all countries until very recently are now facing competition many being privatised under stimulus changing technologies new constantly developed was reflected stimulated made basic came into force february most recent edition telegeography confirms