This paper analyzes Senegal's experience with telecommunications liberalization and privatization. Senegal privatized its incumbent operator in 1997, and granted the newly privatized firm seven years of fixed-line exclusivity while introducing"managed competition"in the cellular market and free...

Over six decades, Chile experimented with three regulatory regimes and ownership patterns for its telecommunications sectors, each with radically different investment patterns. Until 1970, Chile relied on private ownership and rate-of-return regulation, but excess demand persisted. In the 1970s,...

In the past decade the United Kingdom has emerged as a world pacesetter for institutional change in the telecommunications sector. In particular, British Telecom has been divested, price-cap regulation has been introduced, a new regulatory institution (Oftel) has been set up (with its Director...

The Jamaican telecommunications sector today is much more dynamic than it was before and provides much better service. There is widespread skepticism about the current regulatory framework, which is criticized for encouraging a tight telecommunications monopoly, little administrative discretion,...

The author addresses the puzzle of sluggish investment in the Philippines'dominant telecommunications firm, PLDT. This case allows a study of the underlying causes of success or failure in a privately owned infrastructure sector in a developing country. Since its inception, PLDT has been...

By the end of the 1990s, most industrial and many developing countries had liberalized their telecommunications markets to improve service accessibility and affordability for both businesses and households. In contrast, Algeria still managed its telecommunications sector as public property. The...

In 1990, Argentina privatized its state-owned telephone company, ENTel. Shifting telecommunications to the private sector was one of the first actions taken under the reform program of the new president, Carlos Saul Menem. In privatizing ENTel, the government focused on privatization as a way of...

Infrastructure industries-including telecommunications, electricity, water, and gas-underwent massive structural changes in the 1990s. During that decade, hundreds of privatization transactions valued at billions of dollars were completed in these sectors in developing and transition economies....

In 1989, the former communist countries embarked on a transition from centrally planned command economies to market economies (and from repressive dictatorships to Western-style democracies). In addressing the question,"What is the optimal strategy for this transformation?", the author revisits...

Countries around the world are liberalizing their telecommunications networks by privatizing incumbent state-owned firms and introducing competition. For many, this change represents a return to private provision and competition-not a new phenomenon. The beginning of the 20th century saw great...