Balanced Scorecard Report - The Strategy Execution Source - by Robert S. Kaplan, David P. Norton

By Robert S. Kaplan, David P. Norton

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Extra info for Balanced Scorecard Report - The Strategy Execution Source - Volume 10 Number 5 - Sep-Oct 2008

Example text

This is consistent with the notion state has an interest in ensuring its fair regulation of a liberalized telecommunications sector with participation by private sector interests. This rationale will not apply to state operations. As mentioned in the comment to Article 2, where a broadcast medium is used to deploy what is essentially a telecommunications service, the broadcast operator should not be able to shield itself behind a broadcast license as a means to avoid regulation under the telecommunications law if the service being provided is a telecommunications service.

They will often be deterred from entering the market unless such a regulator is envisaged. B. Investor confidence enhancement mechanisms Even where a TDC has designed its TRE3 carefully to ensure independence and competence, investors may still require reassurance during the early years of the TRB. , interconnect pricing). , the first five years) 0 providing in the licenses of the incumbent operator and of new entrants for decisions of the TRE3 to be subject to exclusive arbitration under a foreign law and in a foreign forum in which the investor has confidence in the case of the strategic investor in the incumbent operator, including in the Share Sale Agreement or Shareholders Agreement an obligation on the part of the Government to keep prices at an agreed rate for a certain period of time.

Another device is for the TRB to prepare qualification criteria, agreed to by the Ministry. , that the TRB did not properly apply the pre-determined criteria) or if the recommendation is otherwise against public policy. 2. Modification and renewal A key question in creating an effective set of checks and balances between the Ministry and the TRB is what role the Ministry should have in relation to aspects of the license process other than selection of the major licensees and license revocation.

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