Using a comprehensive country- level panel data set covering the period from 1981 to 1998, we examine the impact of privatization and competition in the telecommunications sector around the world. Privatization contributed substantially to labor shedding, output growth, network expansion, and improvements in labor productivity as well as total factor productivity. But how countries privatized is important. Share issue privatization facilitated the development of the mobile market segment.
This paper examines the financial and operating performance of 31 national telecommunication companies in 25 countries that were fully or partially privatised through public share offering between October 1981 and November 1998. Using conventional pre- versus post-privatisation comparisons, we find that profitability, output, operating efficiency and capital investment spending increase significantly after privatisation, while employment and leverage decline significantly.
Prepared by the Legal Reform and Private Sector Development Unit Legal Department
Technical Assistance (extract from World Bank/PPIAF Toolkit on Hiring and Managing Advisors)
By allowing the private sector to invest in and manage the electric utility, the Department of Energy expects to increase the availability of affordable electricity to the domestic and industrial consumers of Acadia. Reliable access to electricity in turn will lead to increased opportunities for economic development, job creation, and poverty alleviation.
For more information about this sector, please visit Public–Private Partnerships in Energy and Power.
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This document is a study on Argentina’s Obligatory Service and Universal Service obligation for diverse sectors such as energy, telecommunication, water and sewage, and gas. It opens with an analysis of the concepts of Obligatory Service and Universal Service, including the Argentinean experience, and concludes with the relevant principles of the case.