Private Activity in Telecommunications Recovered in 2010 But Remained Below Pre-Financial Crisis Levels
In 2010, eight new telecom projects with private participation reached financial or contractual closure in seven low and middle income countries. These projects involved investment commitments of US$4.2 billion. Telecommunications projects implemen...
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2011/08/15668271/private-activity-telecommunications-recovered-2010-remained-below-pre-financial-crisis-levels http://hdl.handle.net/10986/10880 |
| Summary: | In 2010, eight new telecom projects with
private participation reached financial or contractual
closure in seven low and middle income countries. These
projects involved investment commitments of US$4.2 billion.
Telecommunications projects implemented in the 1990-2009
period attracted new investment of US$67 billion, bringing
total investment commitments to the sector to US$71.2
billion in 2010. Total investment in the sector grew by 15
percent in 2010 compared with 2009, recovering from the
sharp drop in 2009, but remained below the pre-financial
crisis levels of 2007-08. The number of new projects
reaching financial closure (eight) was the lowest of the
entire period of 1990-2010), suggesting that activity in
most countries focused on network expansion of existing
operators rather than increasing the number of operators.
Certainly, telecommunications operators in many developing
countries have merged or consolidated in the last few years. |
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