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This paper analyses and reviews the rapid transformation of Russian telecommunications and internet operators over the past 20 years, from small town phone service suppliers, to top-10 ranking amongst global players, on its way to adopt electronic finance. The methodology chosen is dynamic eco-systems analysis of the past 20 years' evolution, to identify disruptive strategy changes and to assess their weight compared with a regulation-based process in countries or regions having achieved a high economic impact of their telecommunications sector. The comparative analysis identifies what Russia has done in a distinctively different way to major telecommunications and internet countries, or not at all. Such a study has implications on both the entrepreneurial approach and the regulatory approach in telecommunications and related industries.
International Journal of Electronic Finance – Inderscience Publishers
Published: Jan 1, 2013
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