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...

Perhaps the most frequently cited goal of telecommunications policy is the promotion of infrastructure investment, an outcome of some statutory importance. Investment in telecoms infrastructure, in turn, stimulates jobs, which is another key target of public policy. Naturally, in the heated...