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Published by: Harvard Business Publishing
Originally published in: 1995
Version: 3 April 1996

Abstract

Growing fiscal deficits, persistent economic recession, and underinvestment in the nation''s telecommunications infrastructure lead the Argentine government to privatize its state-owned monopoly provider of telecommunications services, ENTel, in late 1990. The privatization process and the resulting ownership structure is complex, and the new regulatory framework appears to offer both significant opportunities and risks for investors.; Designed to explore the interaction of ownership, regulation, and competition in the privatization process and their implications for company performance and national welfare.

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Abstract

Growing fiscal deficits, persistent economic recession, and underinvestment in the nation''s telecommunications infrastructure lead the Argentine government to privatize its state-owned monopoly provider of telecommunications services, ENTel, in late 1990. The privatization process and the resulting ownership structure is complex, and the new regulatory framework appears to offer both significant opportunities and risks for investors.; Designed to explore the interaction of ownership, regulation, and competition in the privatization process and their implications for company performance and national welfare.

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