 The UK: A Case StudyPeter Curwen Chapter 11 in Restructuring Telecommunications, 1997, pp 129-160 from Palgrave Macmillan Abstract: Abstract Privatization and liberalization are further advanced in the UK than elsewhere in the EU (removal of the last remaining vestige of monopoly power, the restriction on companies other than BT and Mercury owning and operating their own circuits for international calls, took place in 1996), and lessons can accordingly be learned from experience there. It is important to note from the outset, however, that whereas AT&T has suffered divestiture and subsequently lost a considerable part of its remaining long-distance market, British Telecommunications (BT) has so far lost less than 20 per cent of the overall market for telecoms services, and far less specifically in voice telephony where, in March 1996, it was estimated by OFTEL to control 94 per cent of local calls, 83 per cent of national calls and 70 per cent of international calls. BT is predicted to relinquish only a further 3–4 per cent per annum for the foreseeable future, with an OFTEL estimate of an overall market share of 65 per cent in 2001, although that disguises the extent of competitive pressures in particular markets. Keywords: Fair Trading; Financial Time; Number Portability; Restructure Charge; International Call (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37545-1_11 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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