Cannock, Geoffrey2012-08-132012-08-132001-06https://hdl.handle.net/10986/11384In Peru private telecommunications operators bid for the minimum government subsidy to provide pay phone service to the poor in targeted rural areas. Part of the subsidy is paid on award, part once the equipment is installed, and the rest in semiannual installments for several years, contingent on compliance with performance standards. The winning bidders get a nonexclusive concession defining their rights and obligations. Early pilot results show that the private investment mobilized is twice the subsidy provided.CC BY 3.0 IGOTELECOM SERVICE DATATELECOMMUNICATION STANDARDSCROSS-SUBSIDIESPRIVATE INTERMEDIATIONCONTRACT MANAGEMENTSERVICES DELIVERYEQUIPMENT SUPPLY CONTRACTSPAYMENT INSTRUMENTSINSTALLMENT PAYMENTCOMPLIANCE VERIFICATIONPERFORMANCE STANDARDSCONCESSIONSPRIVATE INVESTMENTSACCESS TO TELECOMMUNICATIONSACCESS TO THE INTERNETADMINISTRATIVE COSTSASSETSBENEFICIARIESBIDBONDSBUSINESS CASECABLE TELEVISIONCAPITAL OUTLAYSCASH FLOWCIVIL SOCIETYCOMMERCIAL TERMSCOMPETITIVE BIDDINGCOMPETITIVE TENDERSCONTRACTUAL OBLIGATIONSCUSTOMER SERVICEDATA COMMUNICATIONSDEDICATED DATADIAL TONEDISBURSEMENTECONOMIC EFFICIENCYEQUIPMENTFINANCIAL CONTRACTGOVERNMENT OFFICIALSGRACE PERIODINFORMATION SYSTEMINHABITANTSINNOVATIONSINSTALLATIONINSTRUMENTINTERNATIONAL TELECOMMUNICATIONINTERNET SERVICE PROVIDERSLEVYLOCALITIESMANAGEMENT SYSTEMMINISTERMINISTERSNETWORK SERVICENETWORKSOUTPUTPENALTIESPERFORMANCE INDICATORSPHONEPHONESPILOT PROJECTPRICE CAPPRIVATE INFRASTRUCTUREPRIVATE INVESTMENTPRIVATE SECTORPRIVATIZATIONPROJECT ANALYSISPROJECT MANAGEMENTPUBLIC POLICYQUALITY OF SERVICEREGULATORY AUTHORITYRELIABILITYRESULTRESULTSRETAIL PRICESRETURNRURAL ACCESSRURAL AREASSMALL BUSINESSSUPERVISIONTARGETSTECHNICAL ASSISTANCETECHNICAL SUPPORTTECHNOLOGICAL INNOVATIONSTELECOMTELECOMMUNICATIONSTELECOMMUNICATIONS COMPANIESTELEPHONETELEPHONE LINESTELEPHONESTELEPHONYTOWNSTRAFFICTURNOVERURBAN AREASUSERUSERSVARIABLE COSTS TELECOM SERVICE DATATELECOMMUNICATION STANDARDSCROSS-SUBSIDIESPRIVATE INTERMEDIATIONCONTRACT MANAGEMENTSERVICES DELIVERYEQUIPMENT SUPPLY CONTRACTSPAYMENT INSTRUMENTSINSTALLMENT PAYMENTCOMPLIANCE VERIFICATIONPERFORMANCE STANDARDSCONCESSIONSPRIVATE INVESTMENTSWorld Bank10.1596/11384