LIBERALIZATION OF EUROPEAN TELECOMMUNICATIONS: SECTORAL DYNAMICS AND STRUCTURAL MUTATIONS

Philippe BANCE

Annals of Public and Cooperative Economics, 2007, vol. 78, issue 3, pages 331-351

Abstract: This contribution intends to draw up an assessment of structural changes in the telecommunications sector impelled by the European policy of liberalization. Deep transformations with contrasted results have occurred. A strong differentiation in offer of services and a considerable fall in cost appears. After a strong growth, however, investment sharply decreased with the financial crisis. Employment has become a variable of adjustment for companies subjected to strong risks due to the economic situation. Lastly, the assertion of the universal service of telecommunications is accompanied by an important reduction of public service missions. Copyright 2007 The Authors Journal compilation © CIRIEC 2007.

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