In 2005, the telecom regulator in Brazil asked incumbents to undertake the account separation and cost modeling. The goal was allowing the regulator to set prices based on an assessment of incumbents finance and physical data, especially the definition of cost-based prices at the wholesale...

The paper concludes that although both in Brazil and India, the objective of the telecom regulatory policies was to bring in privatization and competition, the variations in models followed by the two countries had led to sectoral outcomes that are very different. Brazilian telecom sector had...