Telecommunication services have a strong existence in the global market which is growing rapidly and is different in various parts of the world. Telecommunication services differ in both developing and developed countries due to fiber infrastructure, competition and modern technology (Olbeter, 2005). Telecommunication services have a strong market presence in developed countries such as 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 globalization in the telecommunications industry where several telecommunications companies merge and operate on an international scale. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Globalization has led to serious deregulation of telecommunications laws in various countries, including Europe. However, regulation of joint telecommunications companies is essential as it helps resolve disputes, protect consumers, address anticompetitive manipulations, and helps achieve national goals such as universal access to services (Wild & Wild, 2018). For example, the regulation would have helped reduce disagreements and mistrust between the French, German and Sprint partnership. The joint venture failed because the billing and distribution of the equipment varied due to the monopoly of individual countries. 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 over the company's growth rate, procedures and operating costs. It is difficult to integrate a unified communications network, as was the case with the merger of France Telecom, Sprint and Deutsche Telekom. These disputes prevent the joint venture from achieving its goal of providing telecommunications services to global companies. Operating nationally rather than transnationally would also minimize the language barrier that has caused friction among staff. Businesses that make use of telecommunications services have a better chance of being more scalable because the digital revolution improves customer service transactions. Scalability is the ability of a company to grow and meet growing demand by meeting consumer needs. However, capital and labor challenges can limit scalability when the company has inadequate funds or resources necessary for a startup, as well as for the continuity of business operations. For example, the capital of the Global One joint venture collapsed because the joint venture was unable to raise in international capital markets the large sums needed to establish start-up and operations. Additionally, employees were unable to work as a team due to the language barrier, posing a challenge regarding work. The joint venture failed realizing huge losses even though it operated globally. Conclusion Keep in mind: this is just one example. Get a custom paper from our expert writers now. Get a Custom Essay The demand and rapid growth of telephone services have led to globalization in the telecommunications industry where several telecommunications companies operate on an international scale. More and more businesses have gone global with the help of telecommunication services that help the business communicate via voice or data with consumers globally.