The world is experiencing the convergence of regulation, technology and Services. Convergence in Technology has already started without any formal introduction due to advantages that are brought to the table because of the economies of scale, bundled services, better infrastructure planning and one-stop-shop scenario whereby it becomes easy for the investor , regulator and the publication large to benefit. In light of this transformation, regulators and the public at large to benefit. In light to this transformation regulators around the world are working on the regulatory reforms to cater to convergence on telecommunications and broadcasting markets. They want to support provision of converged services with the objective of promoting the innovation, the reduction of prices and an increase of efficiency in the provision of services, as a result of the continuing rapid development of wireless and mobile radio communications and their convergence with both fixed telephone and broadcasting services.