Rainer Liebich


Telecommunications deregulation and privatization was a good step to create new demands for a new infrastructure and new services. This increasing demand stimulated the whole industry and, as a result, generated the creation of many new companies. Competition drove prices down, which made consumers happier and the companies more competitive in the international market place. Accordingly, universal services are now offered countrywide and there are no major concerns regarding the licensing process. Thus, international coordination and the usage of the telecommunications infrastructure might make new legislative initiatives necessary, but there is no way back to regulated markets.