The expansion of telecommunications services to unserved and underserved areas is key to reduce the digital connectivity gap. In order to do so, it is important to explore innovative and cost-efficient technologies and business models. Telecom Energy Services Company (TESCOs) offer solutions for...

The paper investigates the pace of technology adoption in telecom technology post liberalization and its effect on stock returns using a new global panel data set. The results are twofold. First, the evidence points to the complementarity between telecom liberalization and regulatory...