Telecommunications was one of the first markets to become part of what today comprises the regulatory state, shifting risks and rewards towards the private sector, subject to regulation. Parliamentary has oversight of policies, the regulator and subventions from HM Treasury, which are necessary...

This paper models settlement arrangements between international telecommunication carriers. The FCC in the U.S. claims these arrangements cost U.S. consumers billions of dollars annually, largely to subsidize foreign carriers in low-income countries. Our model shows why income differentials...

This paper models settlement arrangements between international telecommunication carriers. The FCC in the U.S. claims these arrangements cost U.S. consumers billions of dollars annually, largely to subsidize foreign carriers in low-income countries. Our model shows why income differentials...

We consider the impact of a regulatory process forcing an incumbent telecom operator to make its local broadband network available to other companies (local loop unbundling, or LLU). Entrants are then able to upgrade their individual lines and offer Internet services directly to customers....

The main purpose of the 1996 Act was to transform the monopoly local telephone market into a free-competitive market. However, the operation of most of the Act's rules was delayed by the proceedings before the courts and the FCC. Nevertheless, the telecommunications market underwent these years...

Notwithstanding the undeniable success of telecoms liberalization in terms of price reduction, new services and technologies as well as consumer satisfaction, EU telecoms policy is at least a half failure. This might seem hard to believe, but we show in this paper that there is no such thing as...

This paper looks at the broadband telecommunications sector to unravel the relationships between sector regulation and investment behaviour in the European Union. Cost based access pricing regimes, although successful in attracting new entrants, have negatively affected the investment in fixed...

We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications by using a comprehensive data set covering 70 fixed-line operators in 20 countries over 10 years. Our econometric model accommodates: different investment incentives for...

The introduction of sector-specific regulation in the EU has fostered competition and innovation in the telecommunications industry. However, the liberalisation process still has a long way to go. The debate on the new scenario facing European telecoms regulators shows that as far as the...