CLEGG, Jeremy creator text 1998 monographic Focuses on the new phenomenon of transnational corporations (TNC) telecommunications services in European markets, particularly in the European Union. Places emphasis on firms involved in foreign direct investment, many of which are incumbent operators. Reviews international business theory in order to better understand the recent international expansion of telecommunications services. Examines the steps taken towards liberalization and regulation of the industry, and the simultaneous involvement of telecommunications services TNCs. 3/7/00 M2LMGR