Telecommunications Reform : How to Succeed
Telecommunications Reform -privatization and opening markets to competition- can be a positive-sum game in which all stakeholders gain: customers, existing and new operators, employees, domestic and foreign investors, and government. But the extent...
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| Format: | Viewpoint |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1997/10/441717/telecommunications-reform-succeed http://hdl.handle.net/10986/11569 |
| Summary: | Telecommunications Reform -privatization
and opening markets to competition- can be a positive-sum
game in which all stakeholders gain: customers, existing and
new operators, employees, domestic and foreign investors,
and government. But the extent and timing of benefits vary
from one case to another. The author sets out some rules for
reform that will enhance those benefits: Get support at the
highest level of political authority. Sort out conflicting
objectives early especially the conflict between maximizing
revenue and delivering more, better, and cheaper services.
Use market mechanisms rather than individual negotiations to
select the partners and determine the right sale price.
Establish and follow clearly defined processes for sale and
regulation that are open to participation and review by all
interested parties. And respect and trust the general public
and keep it informed. Although major transactions such as a
privatization or the issuance of new licenses drive the
reform agenda, change continues well beyond them. Following
the rules and honoring commitments help consolidate an
environment for sustainable development of telecommunications. |
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