Private Activity in Telecommunications Recovered in 2010 But Remained Below Pre-Financial Crisis Levels

In 2010, eight new telecom projects with private participation reached financial or contractual closure in seven low and middle income countries. These projects involved investment commitments of US$4.2 billion. Telecommunications projects implemented in the 1990-2009 period attracted new investment of US$67 billion, bringing total investment commitments to the sector to US$71.2 billion in 2010. Total investment in the sector grew by 15 percent in 2010 compared with 2009, recovering from the sharp drop in 2009, but remained below the pre-financial crisis levels of 2007-08. The number of new projects reaching financial closure (eight) was the lowest of the entire period of 1990-2010), suggesting that activity in most countries focused on network expansion of existing operators rather than increasing the number of operators. Certainly, telecommunications operators in many developing countries have merged or consolidated in the last few years.

Bibliographic Details

Main Author:	Jett, Alexander Nicholas
Language:	English
Published:	World Bank, Washington, DC 2011-08
Subjects:	AIR, AIR TRAFFIC, AIRPORT, AIRPORT DEVELOPMENT, AIRPORT EXPANSION, AIRPORTS, AIRPORTS CONCESSION, ASSET UTILIZATION, ASSETS, AUTOMATIC FARE COLLECTION, BAGGAGE, BAGGAGE CHECK, BID, BIDDER OFFERING, BIDS, BOND, BOND ISSUE, BRIDGE, BRIDGES, CARGO, COLLECTION SYSTEM, COMMERCIAL BANKS, COMMUTERS, COMPETITIVE BIDDING, COMPETITIVE BIDDING PROCESS, CONCESSION, CONCESSION CONTRACT, CONCESSION CONTRACTS, CONCESSION MODEL, CONCESSION PROCESS, CONCESSIONAIRES, CONCESSIONS, CONTAINER TERMINAL, DAILY TRAFFIC, DEBT GUARANTEE, DEBT REPAYMENT, DEVELOPING COUNTRIES, DOWN PAYMENT, EQUITY CONTRIBUTION, EXCESS TRAFFIC, EXISTING ASSETS, FARE COLLECTION, FINANCIAL CLOSURE, FINANCIAL CONSTRAINTS, FINANCIAL CRISIS, GOVERNMENT INVESTMENT, GOVERNMENT PAYMENTS, GOVERNMENT SUBSIDIES, GOVERNMENT SUBSIDY, GOVERNMENT SUPPORT, HEAVY VEHICLES, HIGHWAY, HIGHWAY CONSTRUCTION, HIGHWAY PROJECT, HIGHWAYS, HOLDING, HOLDINGS, INCOME, INFRASTRUCTURE FINANCE, INTERCHANGES, INTERNATIONAL AIRPORT, INTERNATIONAL COMPETITIVE BIDDING, INVESTMENT BANK, INVESTMENT PROGRAM, JOINT VENTURE, JOINT VENTURE COMPANY, LANES, LEASE CONTRACT, LEASE CONTRACTS, LOAN, LOCAL ROADS, MANDATE, MARKET CONDITIONS, METRO RAIL, METRO RAIL CORPORATION, PEDESTRIAN, PEDESTRIAN CROSSING, PETROL STATIONS, PHYSICAL ASSETS, PORT AUTHORITY, PORT TERMINALS, PRIVATE EQUITY, PRIVATE TRANSPORT, PUBLIC INFORMATION, RAIL, RAIL INFRASTRUCTURE, RAIL PASSENGER, RAIL PASSENGER SERVICE, RAILROAD, RAILROADS, RAILWAY, RAILWAYS, RETURN, RETURNS, ROAD, ROAD CONCESSION, ROAD CONCESSIONS, ROAD PROJECTS, ROADS, ROADWAY, ROADWAYS, ROLLING STOCK, RUNWAY, SENIOR DEBT, SENIOR LENDERS, SHAREHOLDERS, SPEED, STATE HIGHWAY, TELECOMMUNICATIONS, TOLL, TOLL COLLECTION, TOLL COLLECTION SYSTEM, TOLL ROAD, TOLL ROAD CONSTRUCTION, TOLLS, TRAFFIC CONGESTION, TRAFFIC RISK, TRAINS, TRANSPORT, TRANSPORT ACTIVITY, TRANSPORT INVESTMENT, TRANSPORT PROJECTS, TREASURY, UNDERGROUND, UNDERGROUND STATIONS, VEHICLE, VIADUCTS,
Online Access:	http://documents.worldbank.org/curated/en/2011/08/15668271/private-activity-telecommunications-recovered-2010-remained-below-pre-financial-crisis-levels https://hdl.handle.net/10986/10880
Tags:	Add Tag No Tags, Be the first to tag this record!