PanAmSat's proposed entry into the UK: Some implications
UK policy on competition in telecommunications markets had pressure put on it to evolve by PanAmSat, which hoped to enter the UK market. This article examines the relative positions of the USA and the UK vis-a-vis innovation in telecoms regulation. It analyses the evolution of UK competition policy, the role of Professor Carsberg and Oftel in allowing PanAmSat to pass through the regulatory needle, and future implications of the pro-competition leanings of the UK.
The future role of international telecommunications institutions
The telecommunications world is being swept by technological and national regulatory changes. The international telecommunication institutions -- the ITU, INTELSAT and CEPT -- were founded in times when technological trends were more stable and national regulation was more homogeneous. How will they cope with these new changes? In an era of growing heterogeneity, the ITU may need to look increasingly beynd itself to maintain its centrality. Meanwhile, INTELSAT faces challenges from new market entrants and a more flexible approach to new technological and commercial imperatives in satellite and cable services. The EEC is awakening to the need for institutional change within Europe and this is already having an impact on CEPT. It is concluded that to survive and to maintain relevance the existing international institutions will need to initiate changes or face a loss of authority to other institutions such as OECD and EEC.
Using Fuzzy-Delphi technique to determine the concession period in BOT projects
BOT projects are affected by several risks and uncertainties. One of the most important issues in this type of contract is to determine the length of concession period considering these uncertainties. The previous studies have developed several models to determine the concession period. However, the uncertainties are not taking into account in most of the previous works. Moreover, none of the previous researches has the capability to aggregate the opinions of different experts being involved in a project regarding the values of the uncertain input parameters. In this research, a Fuzzy-Delphi technique is implemented to determine the length of concession period considering uncertainties. Using the proposed Fuzzy-Delphi technique, the values of different uncertain factors affecting a BOT project is determined considering opinions of a group of experts. The NPV value is calculated considering the resulted aggregated values of uncertain input parameters. Finally, the concession period is determined using fuzzy approach. A case study is conducted to evaluate the performance of the proposed methodology. It is shown that the concession period is determined more effectively using the proposed approach.