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Foreign ownership in telecommunications: A policy perspective

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  • Globerman, Steven

Abstract

This paper identifies and evaluates a range of arguments for host countries placing limits or restrictions on foreign ownership of facilities-based telecommunications carriers. Both economic and non-economic arguments are inferred and essentially rejected, either because foreign ownership restrictions fail to contribute to their putative objectives or because other policies can achieve the desired objectives at a lower cost to economic efficiency. The paper also considers and rejects a claim that foreign investment in the services sector, along with strategic alliances, obviates any efficiency concerns about foreign ownership restrictions of facilities-based carriers.

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  • Globerman, Steven, 0. "Foreign ownership in telecommunications: A policy perspective," Telecommunications Policy, Elsevier, vol. 19(1), pages 21-28, January.
    • Handle: RePEc:eee:telpol:v:19:y::i:1:p:21-28
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