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Seminar on Further Liberalization

Seminar on Further Liberalization Prepared for the Stakeholders’ Forum on Further Liberalisation of Telecommunications Market in Botswana Walda Roseman, CEO, CompassRose International.

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Seminar on Further Liberalization

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  1. Seminar on Further Liberalization Prepared for the Stakeholders’ Forum on Further Liberalisation of Telecommunications Market in Botswana Walda Roseman, CEO, CompassRose International

  2. Make Botswana “a globally competitive knowledge and information society…. through effective use of information and communications technology.” Government Policy Goal

  3. Elements for Success • Attraction of investment • Attraction of new infrastructure and service providers • Conditions for dynamic, competitive market • Achievement of public policy goals • Creation of “win-win” conditions for ICT industry, government and consumers

  4. Enabling Investment: What do investors want? • Investment goes where it is welcomed and stays where it is treated well • We are the investors and we want our money to grow • Investors abhor risk, uncertainty, delay, regulatory ambiguity, high transaction and market entry costs, favoritism • They look for good return on investment, strong prospects for growth, security for scarce funds, clarity of rules, assurances of basic fairness, transparency & participation

  5. Weighing market entry & success • Competitive market and effective “independent” regulator • Investment and business friendly environment • A dynamic regulator – private sector “partnership” comprised of frequent communications, mutual understanding and respect, and shared commitment to achieve market and public policy objectives

  6. It’s not easy • Market transition is as tough on industry as it is on regulators • Industry must: • transition to appropriate business model • meet universal service obligations • compete effectively • ensure relevant human and other resources • increase efficiency, redirect corporate capabilities and assets, develop new sources of capital and resources • Regulatory and legal requirements, when not appropriate, create an additional layer of risk

  7. The Team Approach • Regulators and policy-makers teamed with industry can become best market advocates • Industry teamed with regulators and policy-makers can become primary means for achieving public policy goals • Time – and trust -- will reveal market capabilities, where competition and forbearance are most effective tools and where intervention may be required

  8. Botswana as knowledge & information society leader means… • Ensuring a business savvy independent regulator • Creating political and economic conditions for low risk/high value investments • Welcoming and treating business well • Establishing effective, open and on-going communications among all stakeholders – government, industry and public

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