Private Participation in Telecommunications : Recent Trends
More than ninety developing economies opened their telecommunications sector to private participation between 1990 and 1998. These countries transferred to the private sector the operating or construction risk, or both, of more than 500 projects,...
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Format: | Viewpoint |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/1999/12/729342/private-participation-telecommunications-recent-trends http://hdl.handle.net/10986/11447 |
Summary: | More than ninety developing economies
opened their telecommunications sector to private
participation between 1990 and 1998. These countries
transferred to the private sector the operating or
construction risk, or both, of more than 500 projects,
attracting investment commitments of US$214 billion.
Two-thirds of that amount has been invested in expanding and
modernizing networks; the other third has gone to
governments as divestiture revenues or license fees. The
investment shows three main trends: Latin America is in the
lead. Private participation takes place in increasingly
competitive market structures. And divestitures and
greenfield projects outnumber operations and management contracts. |
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