Keywords
Latin America
National champions
telecommunications
How to Cite
Abstract
From the 1990s, two former telecoms monopoly incumbents –Telefonica of Spain and Telmex of Mexico– emerged as world player Multinationals and soon dominated this sector across all Latin America. This paper argues that, in both cases, national champion policies by domestic governments coincided with an «asymmetrical behaviour» on the part of the firms, which helped them in their quest to successfully internationalise. Empirical findings support some newly emerging theories on the asymmetrical behaviour of former monopolies which stress the importance of the timing and extent of domestic policies which can combine with ambitious internationalization strategies on the part of the firms..
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