OECD Review of Telecommunication Policy and Regulation in Colombia

image of OECD Review of Telecommunication Policy and Regulation in Colombia

As have OECD countries, Colombia has recognised that the communications sector, and in particular high-speed Internet access provided by fixed and mobile broadband, represents a key infrastructure for improving productivity and economic growth and in enhancing the welfare of its citizens. This report reviews policies and regulations in the telecommunication service sector in Colombia. It puts forward recommendations aimed at furthering regulatory reform and stimulating market competition and investment in the sector as a building block for the future development of the Colombian economy. It aims to help achieve one of the government's goals, which is to develop a knowledge-intensive society.

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Assessment and recommendations: Towards a more efficient telecommunication sector in Colombia

This final chapter concludes with a set of recommendations that Colombian authorities should follow in order to achieve more efficient telecommunication markets to the benefit of the economy and society. The chapter highlights the importance of having a regulator truly independent from the government with enforcement powers. It also focuses on how Colombia should curb competition concerns in fixed and, especially, mobile markets, which are very concentrated. The chapter outlines a series of measures that should be put in place such as removing barriers to network infrastructure deployment, promoting the consumer interest and calls for a reduction in the sector’s tax burden and a reform in how the ICT Fund (FONTIC) is funded.

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