This study begins with the historical telecommunication backgrounds of Japan, ROK, and Turkey. These countries have similarities in the development of telecommunication sector throughout history including the privatization of the sector. However, a major dissimilarity appeared from use of the technologies and producing new technologies by the worldwide companies. The developments in ICT have strong relations with the socio-economic development of
these countries. For this reason, this study focuses on; (i) economic development indicators, (ii) ICT indicators, and (iii) Principle Component Analyses. With the findings, it is aimed to find out applicable policies for Turkey. Finally, it is clearly observed that Turkey has great potential in the near future as a rapid developing country and a growing ICT market for foreign market players. However, Turkey also needs to create her own powerful and effective worldwide companies.