This paper presents a model of competition between an incumbent and an entrant firm in telecommunications. The entrant … this overstimulates rival's investment that may turn out to be socially inefficient. Access regulation may discourage …

Investment commitments to telecommunications projects with private participation in low- and middle-income countries … database. This level of investment commitments (hereafter, investment) represents an increase of around 1 percent from the … previous peak reached in 2007. As before, investment was driven by projects implemented in previous years. Projects that …