Publication: Investment Commitments to Telecommunications Reached a New Peak in 2007
Date
2008-10
ISSN
Published
2008-10
Author(s)
Izaguirre, Ada Karina
Perard, Edouard
Abstract
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.
Citation
“Izaguirre, Ada Karina; Perard, Edouard. 2008. Investment Commitments to Telecommunications Reached a New Peak in 2007. PPI Data Update; Note No. 12. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/a7fbcdec-719e-58bb-91d6-f27289501d55 License: CC BY 3.0 IGO.”