EconPapers    
Economics at your fingertips  
 

State-invested enterprises in the European telecommunications industry: Are they competitive players?

Paolo Castelnovo

ECONOMIA PUBBLICA, 2016, vol. 2016/3, issue 3, 219-240

Abstract: The present paper provides an overview of the main companies operating in European telecommunication industry over the decade 2006-2015, with a specific focus on their ownership structure. Following Christiansen and Kim (2014), State-invested telecom companies are classified into State-owned (SOEs) and partially State-owned (PSOEs) enterprises. The aim of the analysis is to investigate the current involvement of European Governments in the telecommunications sector after the deep process of privatisation started in the ‘80s and to understand whether the type of ownership is connected with companies’ economic performance. It turns out that European States still have an important role in the telecommunications industry, mainly through minority but significant participations into previously publicly held incumbents. Moreover, from the analysis of balance sheet data it turns out that State-Invested companies have achieved an economic performance which is comparable, if not superior, to that of private enterprises in terms of profitability. However, some gaps seem to persist as far as labour productivity and investment levels are concerned.

JEL-codes: L25 L33 L96 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://www.francoangeli.it/riviste/Scheda_Rivista. ... 514&Tipo=ArticoloPDF (text/html)
Single articles can be downloaded buying download credits, for info: http://www.francoangeli.it/riviste/inglese_download_credit.asp

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fan:epepep:v:html10.3280/ep2016-003008

Ordering information: This journal article can be ordered from
http://www.francoang ... ti.aspx?startCode=DC

Access Statistics for this article

ECONOMIA PUBBLICA is currently edited by FrancoAngeli

More articles in ECONOMIA PUBBLICA from FrancoAngeli Editore
Bibliographic data for series maintained by Redazione Riviste ().

 
Page updated 2021-10-01
Handle: RePEc:fan:epepep:v:html10.3280/ep2016-003008