While networks and media converge, business opportunities are diversifying for old and new service and content providers. Converging technologies in the telecommunication industry offer new opportunities and fundamental changes to the market. This symposium shall examine the technological changes and their economic effects on the world of telecommunications. The key questions to be addressed include: Solutions for the convergence: what are they? What are the pros and cons? Who pays what? Which international strategies support the global convergence of services and infrastructure? How do the various regions of the world differ? The Munich group is a supernational association for communication research; this is the twelfth time that a German-Japanese symposium on the topic has been held.