The communications system in Israel is the most developed in the Middle East. Israel's system consists of coaxial cables, optical fibers, and microwave radio relay.Prior to the 1990s, Israel's telecommunication market was dominated by Bezeq, a government owned corporation. During the 1990s, the Israeli telecommunication industry transitioned from government owned monopolies to diversified private competition by a range of new companies. In 2011, the Israeli telecommunication sector had revenues of $7.5 billion. Technology and industry-wise, the Israeli telecom industry has been among global leaders in technology development, pioneering developments of protocols such as WiMAX, VoIP, and TDMoIP. During the 2000s Israel emerged as a leading supplier for the global telecommunications industry,