I empirically examine the impact of the liberalization and regulatory process on the Latin American telecommunications sector during the period 1990-1998. I find that privatisation and the existence of an independent regulator are positively associated with teledensity and operating efficiency...

In recent years, global mobile telephony has experienced spectacular demand growth that is unmatched by anything in the long history of fixed network-based telecommunications. The International Telecommunications Union estimates that, in 2002, the number of mobile subscribers worldwide (over...