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This article studies the impact of regulatory uncertainty on an incumbent’s incentives to undertake the socially optimal investments in NGA networks. Thus, a regulatory non-commitment setting in which the regulator sets the access price after the deployment of the NGA network is used. In...
Persistent link: https://www.econbiz.de/10014035319
This paper reproduces a chapter from the author’s 2018 PhD thesis ‘The Digital Donga: Universal Access and Service in South Africa (1994 - 2014)’. The author’s subsequent book Regulating Telecommunications in SA: Universal Access & Service was published by Palgrave Press in 2020, and can...
Persistent link: https://www.econbiz.de/10013291078
Telecommunications in South Africa is one example of the regulatory state, dating from the early 1990s and comprising the usual elements of commercial operators, ministers issuing periodic policies, a regulator, a competition authority, systems of appeal, and parliamentary oversight. Less...
Persistent link: https://www.econbiz.de/10013300124
The paper aims at empirically investigating the relationship between regulation and the capital structure of the regulated firm, A key aspect of the referred relationship pertains a leverage effect according to which debt could be increased as a response to previous physical capital investment...
Persistent link: https://www.econbiz.de/10003854388
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a repeating ARGARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject, i.e. cross-market, country-specific and company-specific...
Persistent link: https://www.econbiz.de/10008701352
We analyze the demand and supply characteristics of the Indian telecommunications market, in order to assess the potential effectiveness of universal access policies in developing countries. We provide some empirical evidence on the supply and demand characteristics, using a small...
Persistent link: https://www.econbiz.de/10008806687
This paper re-examines the effect of the regulatory regime on both penetration and coverage of broadband access to the internet. The framework also allows for an evaluation of different public policy measures such as subsidization of broadband demand and supply. A welfare analysis asks what the...
Persistent link: https://www.econbiz.de/10009374334
This paper means to add to empirical research on the impact of local loop unbundling (LLU) on broadband networks. In particular, it focuses on broadband investment made by entrants. Starting from late Nineties telecommunications incumbents of several European Union countries have been required...
Persistent link: https://www.econbiz.de/10009374414
The restructuring of telecommunication in Central and Eastern Europe occurs at a time when the classical structures of telecommunication are falling apart worldwide. Coming from the socialist system in which telecommunication did not exist as an independent economic activity, the Eastern...
Persistent link: https://www.econbiz.de/10009667616
We analyse network competition in a market with international calls. National regulatory agencies (NRAs) have incentives to set regulated termination rates above marginal cost to extract rent from international call termination. International network ownership and deregulation are alternatives...
Persistent link: https://www.econbiz.de/10010247435