In the last few years, U.S. telecoms policy has shifted from encouraging the sharing of existing networks to facilitating the deployment of advanced communications networks. Given the large capital expenditures required for these networks, there can be only a few of such networks. In light of...

Telecommunication economic analysis has largely relied upon a conventional economic framework that has its roots in neoclassical analysis that emerged almost a hundred years ago, and has contributed to reshaping the direction of economic policies by attacking the premises of the 1996...

The OECD Growth Study and other empirical work have shown that the strength of competition in product markets plays an important role in the economic growth process as well as contributing to a more efficient allocation of resources in a static sense. More intense competition is likely to...

This article analyses whether the economics of Next Generation Access Networks for broadband services allow for the market to be competitive in Europe in absence of ex ante regulation of wholesale network access. This is done by two methods: cost modeling of operators with different technologies...

For the ongoing and upcoming auctioning of 5G spectrum an important question is, what drives network quality in mobile markets? When comparing the provided mobile network quality between various EU countries considerable differences between these markets become apparent, which cannot be solely...

In the last few years, U.S. telecoms policy has shifted from encouraging the sharing of existing networks to facilitating the deployment of advanced communications networks. Given the large capital expenditures required for these networks, there can be only a few of such networks. In light of...

After a brief discussion on expected and actual investment behavior in the telecommunications industry after the 1996 Act, an econometric model is used to quantify the relationship between UNE-P competition and Bell Operating Company investments in telecommunications plant. Using...

Government data on employment in the telecommunications industry reveals a substantial increase in sector employment following passage of the Telecommunications Act of 1996. This increase in employment reversed the declining jobs trend prior to the Act. Econometric analysis indicates that...

This Policy Bulletin measures the gains to consumer welfare of the new "all distance"/"all you can eat" competition produced by the market-opening provisions of the Telecommunications Act of 1996. Analysis reveals that the consumer welfare gain amounts to approximately $10 billion per year, and...

Fifty years ago, U.S. Supreme Court Justice Felix Frankfurter warned the Federal Communications Commission not to view competition in an abstract, sterile way. To illustrate the dangers of using such an abstract approach to the key issue of ILEC market power, this paper uses the Commission's...