Telecommunications has had, and will continue to have, an enormous impact on businesses and consumers. Driving the changes are a group of aggressive upstart telecom companies who are using new technologies and marketing methods to fundamentally change the way the telecom industry operates. Companies like ITXC, iBasis, GRIC and others, have market capitalizations in the billions of dollars. Even AT&T has announced that IP is a major strategy. All of these companies are gaining from these new technologies and marketing methods. This book provides vital information on the business, technical, legal and practical considerations in the "New Telecom World Order". The book offers a complete overview of the new technologies and marketing methods that new competitors are using around the world. It focuses on the dominant monopoly-oriented telecom giants and the nimble upstarts who are giving them a run for the money. The book gives practical advice on what it takes to start a new telecom company and make it successful. Retske points out what the issues are in this rapidly growing industry, and how to recognize the great opportunities these new technologies bring to businesses today.