Investment sharing in broadband networks
| Autor: | Virginia Silvestri, Carlo Cambini |
|---|---|
| Rok vydání: | 2013 |
| Předmět: |
Economics and Econometrics
Access pricing Broadband networks business.industry Communication Library and Information Sciences Management Monitoring Policy and Law Investment (macroeconomics) Management Information Systems Competition (economics) Market economy Broadband Next-generation network Economics Risk sharing Set (psychology) business Industrial organization Information Systems |
| Zdroj: | Telecommunications Policy. 37:861-878 |
| ISSN: | 0308-5961 |
| DOI: | 10.1016/j.telpol.2013.05.010 |
| Popis: | Available online 17 July 2013. This paper presents a model of competition between an incumbent firm and an Other Licensed Operator (OLO) in the broadband market, where the incumbent has an investment option to build a Next Generation network (NGN) and it can do so by making an investment sharing agreement with the OLO, or alone. Two different kinds of investment sharing contractual forms are analyzed, a basic investment sharing, where no side-payment is given for the use of the NGN between co-investors, and joint-venture, where a side-payment is set by the co-investing firms. Results show that investment sharing can potentially be beneficial in terms of competition and investments, but the number of firms involved matters and so does the choice of the NGN access price, for insiders and outsiders of the agreement. Even when the presence of firms outside of the agreement force insiders to compete more fiercely, there might be a concern with the potential exclusion of the outsiders from the NGN. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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