Investment Commitments to Telecommunications Reached a New Peak in 2007
This note states that investment commitments to telecommunications projects with private participation in low- and middle-income countries amounted to US$75 billion in 2007, according to just-released data from the Private Participation in Infrastructure Project Database. That marked a new peak for the 1990-2007 periods. In 2007, 29 telecommunications projects with private participation reached financial or contractual closure in 28 low- and middle-income countries. Of these projects, 23 were greenfield merchant projects, involving investment of US$3.1 billion, and 6 were divestitures, with US$1.4 billion. Previously implemented greenfield projects accounted for another US$46.9 billion, and previously divested companies for US$23.6 billion. Four telecommunications projects were canceled or became distressed in 2007, bringing the total number to 42. These 42 contracts represent 5 percent of all telecommunications projects and 4 percent of investment commitments during 1990-2007. The report concludes, no telecommunications projects were concluded in 2007.
Year of publication: |
2012
|
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Authors: | Izaguirre, Ada Karina ; Perard, Edouard |
Publisher: |
Washington, DC : World Bank |
Saved in:
freely available
Extent: | Online-Ressource |
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Series: | PPI Data Update ; Note 12 |
Type of publication: | Book / Working Paper |
Language: | English |
Other identifiers: | hdl:10986/11014 [Handle] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012556109
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