Problem: Identify the major market and non-market environmental concerns that AT&T should consider as it attempts to capture a piece of the potential industry earnings (PIE) in China's telecommunications industry. Please address the following questions -
Q1. What demand and supply characteristics differentiate the Chinese telecommunications PIE from the U.S. telecommunications PIE?
Q2. Who are the buyers and what power do they have?
Q3. Who are the suppliers and what power do they have?
Q4. Who are AT&T's competitors and what power do they have?
Q5. How do each of these affect AT&T as it attempts to capture a piece of the PIE?