Hostname: page-component-77f85d65b8-hzqq2 Total loading time: 0 Render date: 2026-04-19T12:12:55.182Z Has data issue: false hasContentIssue false

Submarine Telegraph Cables: Business and Politics, 1838–1939

Published online by Cambridge University Press:  13 December 2011

Daniel R. Headrick
Affiliation:
DANIEL HEADRICK is professor of social science and history atRoosevelt University in Chicago.
Pascal Griset
Affiliation:
PASCAL GRISET is professor of history at the Sorbonne and director of the Centre de Recherche en Histoire de l'Innovation in Paris.

Abstract

International telecommunication is not only a business but also a political enterprise, the subject of great-power rivalries. In the late nineteenth century, British firms held a near monopoly, because Britain had more advanced industry, a wealthier capital market, and a merchant marine and colonial empire that provided customers for the new service. After the 1880s, they encountered increasing competition on the North Atlantic from American, German, and French firms. Elsewhere, the British conglomerate Eastern and Associated retained its hegemony until the 1920s. Following World War I, radiotelegraphy threatened the dominance of cables. In the 1930s, cable companies were almost bankrupted by the Depression and by competition from shortwave radio.

Information

Type
Articles
Copyright
Copyright © The President and Fellows of Harvard College 2011

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Article purchase

Temporarily unavailable