According to Noam, “The central question for telecom — and for many other media — is how to generate the funds and invest in upgraded infrastructure, while being subject to competition”. Investment in next generation access network is needed to deliver broadband services with...

In view of the preponderant role investments play at present in any development policy, it may well be worthwhile examining whether it would not be advisable in drawing up future aid schemes to lay greater emphasis on the stimulation of consumption.