Industry structure studies prior to 1968 are briefly reviewed, and an overview of industrial and technological developments up to the present is provided through synopses of more recent studies. Areas covered include overseas telephone and record carriers; the creation of the Communications Satellite Corporation; the current regulatory and oversight environment, which includes statutory background, the FCC regulatory process, and the executive office role; current problems existing within the present institutional arrangements; alternative industry arrangements for providing international telecommunications services; and regulatory and governmental changes with impacts on industry structure. The report closes with a summary of conclusions and recommendations for possible structural, regulatory, and legislative changes for the international telecommunications industry. (RAO)