Like elsewhere in the developing world, wireless markets now play a crucial role in Latin American economic growth. Mobile telephone networks increasingly provide the communications infrastructure that has largely been lacking throughout the region. Yet, governments have generally made only...

The U.S. telecommunications industry has come under scrutiny amid concerns that regulatory policies have been too permissive. These concerns are perhaps most prominent in the residential broadband market where there is a perception that the “duopoly” between telephone carriers (DSL...

The 1996 Telecommunications Act seems to be encouraging competition in key segments of the telephone and cable television industries. Stock price data suggest that the wave of "megamergers" in telecommunications-probably an unanticipated result of the Telecommunications Act-is associated with...