Introducing Telecommunications Competition through a Wireless License : Lessons from Morocco
In August 1999 the Moroccan government awarded a second mobile telecommunications license through international tender. All bidders made commitments on quality, coverage, and tariffs that would significantly expand and improve telecommunications services. The winning bidder, Medi Telecom, paid about US$1.1 billion for the fifteen-year license to operate under relatively unfettered competition-one of the highest prices ever paid for a mobile license relative to population size. Just as impressive is that the price was offered in a country usually off the radar screen of foreign investors. This Note examines why Morocco was able to reap these big rewards.
| Main Authors: | , |
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| Format: | Viewpoint biblioteca |
| Language: | English |
| Published: |
World Bank, Washington, DC
1999-11
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| Subjects: | TELECOMMUNICATIONS, DEREGULATION, BIDDING, LICENCE, MOBILE TELECOMMUNICATION SYSTEMS, FOREIGN INVESTMENTS, INFRASTRUCTURE PRIVATIZATION AFFILIATED ORGANIZATIONS, BENCHMARK, BID, BIDDERS, CONSUMERS, DUOPOLY, EXCLUSIVE RIGHTS, FORECASTS, FOREIGN INVESTORS, GDP, GDP PER CAPITA, INCOME, INNOVATIONS, LEASED LINES, LICENSING, MARGINAL COST, NETWORKS, PRESENT VALUE, PROGRAMS, PURCHASING POWER, REGULATORY FRAMEWORK, TELECOMMUNICATIONS REFORM, TELECOMMUNICATIONS SERVICES, TENDERING, TEXT, TRANSPARENCY, |
| Online Access: | http://documents.worldbank.org/curated/en/1999/11/438312/introducing-telecommunications-competition-through-wireless-license-lessons-morocco http://hdl.handle.net/10986/11449 |
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