Investment Commitments to Telecommunications Reached a New Peak in 2007

This note states that investment commitments to telecommunications projects with private participation in low- and middle-income countries amounted to US$75 billion in 2007, according to just-released data from the Private Participation in Infrastructure Project Database. That marked a new peak for the 1990-2007 periods. In 2007, 29 telecommunications projects with private participation reached financial or contractual closure in 28 low- and middle-income countries. Of these projects, 23 were greenfield merchant projects, involving investment of US$3.1 billion, and 6 were divestitures, with US$1.4 billion. Previously implemented greenfield projects accounted for another US$46.9 billion, and previously divested companies for US$23.6 billion. Four telecommunications projects were canceled or became distressed in 2007, bringing the total number to 42. These 42 contracts represent 5 percent of all telecommunications projects and 4 percent of investment commitments during 1990-2007. The report concludes, no telecommunications projects were concluded in 2007.

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Bibliographic Details
Main Authors: Izaguirre, Ada Karina, Perard, Edouard
Format: Brief biblioteca
Language:English
Published: World Bank, Washington, DC 2008-10
Subjects:COMPANY MANAGEMENT, DEVELOPING COUNTRIES, ECONOMICS, EMERGING MARKETS, HOLDING, INVESTMENT COMMITMENTS, INVESTMENT GROWTH, LICENSE, LICENSE FEE, LICENSES, LOCAL STOCK EXCHANGE, MOBILE ACCESS, MOBILE SERVICE, PHYSICAL ASSETS, PHYSICAL INFRASTRUCTURE, PORTFOLIO, PRIVATE EQUITY, RESULT, TELECOM, TELECOMMUNICATIONS, TELECOMMUNICATIONS COMPANY, TELEPHONE, TELEPHONE NETWORK, TELEPHONE SERVICES, URBAN DEVELOPMENT, VOICE OVER INTERNET PROTOCOL, VOIP,
Online Access:http://documents.worldbank.org/curated/en/2008/10/10266932/investment-commitments-telecommunications-reached-new-peak-2007-investment-commitments-telecommunications-reached-new-peak-2007
http://hdl.handle.net/10986/11014
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