The focus of this paper is on the development of the Danish telecom network and service provision market since liberalization and the role of policy and regulation in shaping this development. More specifically, the emphasis is on investment. However, in order to present a sufficiently comprehensive picture, developments in financial performance, technology diffusion, price developments, and innovation are also included. Furthermore, the competitive situation on the Danish telecom market is examined, as the competitive environment affects the investment incentives of market players. The aim of this paper is to analyze the relationship between market developments and performance and the policy and regulatory initiatives taken and to discuss the general lessons with respect to initiatives fostering or limiting investment, innovation, and performance in general.
(Released Feb. 2004. WDR0302a updates discussion paper WDR0302 released September 2003)
|WDR Discussion Paper