Regulation of Communications Markets

The Regulatory Framework

Effective regulation is one of the fundamental elements of a dynamic and successful telecommunications sector, and to function properly requires both guiding policy and suitable legislative provisions, along with a designated and empowered authority to implement them. Together, these constitute the Regulatory Framework within which the sector is controlled and managed.

Telecommunications policy may reflect a whole range of different drivers, notably the economic significance of the sector and its potential as a resource for wealth generation, its value in promoting social cohesion and development (especially in the context of a global Information Society), and the general shift from monopoly to liberalised markets (especially where alignment to global or regional norms is desired). Other considerations may encompass the corporatisation and privatisation of state-owned entities, the positioning of the sector as a regional hub or centre of expertise, measures to protect the environment or other aspects of the national interest, or provisions to broaden economic participation by small investors. All these factors will help to determine the detail form and direction to be followed by the telecommunications regulatory regime.

Whilst policy may express detailed economic, political and social priorities for the telecommunications sector, practical implementation of this policy will be heavily reliant upon the enactment and implementation of suitable legislation, most probably beginning with a Telecommunications Law. This, supported where necessary by secondary legislation, will seek to define the institutional framework for the operation and regulation of the sector, make provisions for licensing activity, managing scarce resources and maintaining a pro-competitive environment, and describe how these provisions are to be enforced.

InterConnect Communications has widespread experience in assisting governments to define or review their telecommunications policy. We can help with the formulation of entire new policies and regulatory regimes, develop existing policies to respond to new challenges, or provide advice in addressing specific areas of policy. InterConnect’s multi-skilled team of experts can also advise on existing and future legislation, and assist in drafting the appropriate instruments in order to enable the formal adoption of these policies. Lastly, we can support the building of regulatory capability through the provision of advice on suitable institutional structures, and by providing targeted training and knowledge-transfer programmes for government and regulatory personnel.

Key Service Areas:

Regulatory Framework

More Information?

For more information about InterConnect's regulatory services, please contact Brian Aitken by phone on +44 (0) 1291 638400.