End of the Line for the Local Loop Monopoly? Technology, Competition, and Investment in Telecom Networks

Local telephone service is the last bastion of a still frequently asserted public policy preference for monopoly provision of telecommunications. This Note challenges the rationale for that preference, addressing four issues: First, is local networ...

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Main Author:	Smith, Peter
Format:	Viewpoint
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	AFFILIATED ORGANIZATIONS BER CELLULAR OPERATORS CELLULAR RADIO FOREIGN INVESTORS INNOVATIONS MONOPOLY MOV POLICY ENVIRONMENT RADIO RETAINED EARNINGS TELECOM TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TELECOMMUNICATIONS POLICY TELECOMMUNICATIONS SECTOR TELEPHONE TELEPHONE NUMBERS TELEPHONE SERVICE TELEPHONY TEXT UNIVERSAL SERVICE TELEPHONE NETWORKS COSTS TECHNOLOGY INVESTMENTS DENATIONALIZATION GOVERNMENT POLICY MONOPOLIES MARKET COMPETITION LOCAL TELEPHONE NETWORKS
Online Access:	http://documents.worldbank.org/curated/en/1995/12/441235/end-line-local-loop-monopoly-technology-competition-investment-telecom-networks http://hdl.handle.net/10986/11641

id	okr-10986-11641
recordtype	oai_dc
spelling	okr-10986-116412021-06-14T11:04:41Z End of the Line for the Local Loop Monopoly? Technology, Competition, and Investment in Telecom Networks Smith, Peter AFFILIATED ORGANIZATIONS BER CELLULAR OPERATORS CELLULAR RADIO FOREIGN INVESTORS INNOVATIONS MONOPOLY MOV POLICY ENVIRONMENT RADIO RETAINED EARNINGS TELECOM TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TELECOMMUNICATIONS POLICY TELECOMMUNICATIONS SECTOR TELEPHONE TELEPHONE NUMBERS TELEPHONE SERVICE TELEPHONY TEXT UNIVERSAL SERVICE TELEPHONE NETWORKS COSTS TECHNOLOGY INVESTMENTS DENATIONALIZATION GOVERNMENT POLICY MONOPOLIES MARKET COMPETITION LOCAL TELEPHONE NETWORKS TELECOMMUNICATIONS Local telephone service is the last bastion of a still frequently asserted public policy preference for monopoly provision of telecommunications. This Note challenges the rationale for that preference, addressing four issues: First, is local network competition feasible from a technical and cost point of view? Second, is telecommunications competition accepted by major investors? Third, how important is competition from a public policy point of view? And fourth, how can it be made to work? This Note makes the case that local network competition is increasingly feasible from a technical and cost point of view, that it is increasingly accepted by investors, and that it offers important benefits from a public policy point of view. But in order to work, it must be supported by effective regulation. Policymakers should be encouraged to address the critical issues of this transition toward a competitive telecommunications sector. 2012-08-13T15:36:39Z 2012-08-13T15:36:39Z 1995-12 http://documents.worldbank.org/curated/en/1995/12/441235/end-line-local-loop-monopoly-technology-competition-investment-telecom-networks Viewpoint. -- note no. 63 (December 1995) http://hdl.handle.net/10986/11641 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	AFFILIATED ORGANIZATIONS BER CELLULAR OPERATORS CELLULAR RADIO FOREIGN INVESTORS INNOVATIONS MONOPOLY MOV POLICY ENVIRONMENT RADIO RETAINED EARNINGS TELECOM TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TELECOMMUNICATIONS POLICY TELECOMMUNICATIONS SECTOR TELEPHONE TELEPHONE NUMBERS TELEPHONE SERVICE TELEPHONY TEXT UNIVERSAL SERVICE TELEPHONE NETWORKS COSTS TECHNOLOGY INVESTMENTS DENATIONALIZATION GOVERNMENT POLICY MONOPOLIES MARKET COMPETITION LOCAL TELEPHONE NETWORKS TELECOMMUNICATIONS
spellingShingle	AFFILIATED ORGANIZATIONS BER CELLULAR OPERATORS CELLULAR RADIO FOREIGN INVESTORS INNOVATIONS MONOPOLY MOV POLICY ENVIRONMENT RADIO RETAINED EARNINGS TELECOM TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TELECOMMUNICATIONS POLICY TELECOMMUNICATIONS SECTOR TELEPHONE TELEPHONE NUMBERS TELEPHONE SERVICE TELEPHONY TEXT UNIVERSAL SERVICE TELEPHONE NETWORKS COSTS TECHNOLOGY INVESTMENTS DENATIONALIZATION GOVERNMENT POLICY MONOPOLIES MARKET COMPETITION LOCAL TELEPHONE NETWORKS TELECOMMUNICATIONS Smith, Peter End of the Line for the Local Loop Monopoly? Technology, Competition, and Investment in Telecom Networks
relation	Viewpoint
description	Local telephone service is the last bastion of a still frequently asserted public policy preference for monopoly provision of telecommunications. This Note challenges the rationale for that preference, addressing four issues: First, is local network competition feasible from a technical and cost point of view? Second, is telecommunications competition accepted by major investors? Third, how important is competition from a public policy point of view? And fourth, how can it be made to work? This Note makes the case that local network competition is increasingly feasible from a technical and cost point of view, that it is increasingly accepted by investors, and that it offers important benefits from a public policy point of view. But in order to work, it must be supported by effective regulation. Policymakers should be encouraged to address the critical issues of this transition toward a competitive telecommunications sector.
format	Publications & Research :: Viewpoint
author	Smith, Peter
author_facet	Smith, Peter
author_sort	Smith, Peter
title	End of the Line for the Local Loop Monopoly? Technology, Competition, and Investment in Telecom Networks
title_short	End of the Line for the Local Loop Monopoly? Technology, Competition, and Investment in Telecom Networks
title_full	End of the Line for the Local Loop Monopoly? Technology, Competition, and Investment in Telecom Networks
title_fullStr	End of the Line for the Local Loop Monopoly? Technology, Competition, and Investment in Telecom Networks
title_full_unstemmed	End of the Line for the Local Loop Monopoly? Technology, Competition, and Investment in Telecom Networks
title_sort	end of the line for the local loop monopoly? technology, competition, and investment in telecom networks
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/1995/12/441235/end-line-local-loop-monopoly-technology-competition-investment-telecom-networks http://hdl.handle.net/10986/11641
_version_	1764417473101168640

End of the Line for the Local Loop Monopoly? Technology, Competition, and Investment in Telecom Networks

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