Strategic alliances in the telecommunications industry

Abstract

Market opening, following the launch of the World Trade Organization regime, poses difficult challenges to most corporations, because they cannot flexibly respond to the swiftly changing competitive environments simply by utilizing their own internal resources and capabilities. In this regard, most companies in the advanced countries, especially those engaged in high technology industries, have tried to strengthen their competitiveness by making collaborative relationships with other firms through strategic alliances. The aim of this study is to examine the development of strategic alliances in the world telecommunications industry and to develop implications for Korea Telecom’s(KT) strategic alliances.