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telecommunication privatisations
This page supplements the discussion of privatisation, highlighting
the privatisation and deregulation of telecommunication network
operators.
It covers -
The chronology is indicative only. Context is provided by
the broader timeline elsewhere
on this site.
1981
UK govt sells part of stake in international operator Cable
& Wireless
1984
deregulation in UK market, with sale of 50% of BT for US$4.5bn
1985
Nippon Telegraph & Telephone (NTT) privatised
UK govt sells remainder of Cable & Wireless stake
1987
Chile sells 53% of Chile Telecommunications Co to Bond
1989
full deregulation of NZ telecommunications market
privatisation of Cook Islands telecommunications
privatisation in Solomon Island through establishment of Solomon
Telekom Company
1990
Telecom NZ fully privatised in 1990 through NZ$4.25bn sale
to subsidiaries of Bell Atlantic and Ameritech
Telmex privatised through US$1.7bn sale to Grupo Carso, Southwestern
Bell and France Télécom
Argentina's Empresa Nacional de Telefonos SA (ENTEL) privatised
for around US$5bn
GTE-led consortium buys Venezuelan telco C.A. Nacional Telefonos
de Venezuela (CANTV) for US$1.85bn
Jabatan Telekom Malaysia (JTM) floated as STM for M$2.35bn
1991
UK government sells further tranche of BT for £5.3bn
1993
UK govt sells remaining tranche of BT for £5.5bn
Hungarian government sells 30% of MATAV
Czech government unloads 26% of SPT through voucher scheme
1994
Cuba sells Emtelcuba for US$700m
OTE in Greece privatised
1995
Czech government sells further 27% of SPT
German monopoly DBP Telekom privatised as Deutsche Telekom
further 37% of MATAV sold
1996
Belgian government sells 49% of Belgacom to ADSB consortium
(SBC, TDC and Singtel) for US$2.5bn
1997
privatisation of Armenian operator
Danish government sells further 30% of Tele Danmark
sale of 25% of Russian operator
Australian telecommunications sector opened for full competition
France Télécom part privatised
Telstra partly privatised
1998
Telecom Fij privatised
deregulation in Brasil
sale of shares in Telebras brings in US$11.6bn
World Trade Organization Basic Telecommunications Agreement
(BTA) comes into force
ROMTELECOM in Romania sold to OTE
1999
Qatar Telecom privatised
Eircom floated
Aust govt sells further 16.6% of Telstra
2000
Telkom Kenya privatised
IPO of Telia AB (Sweden)
Czech government sells remaining 51% stake in SPT
2002
India sells most of international carrier VSNL (46% acquired
by Tata for US$530m), then deregulates
2003
Saudi government sells 30% stake in Saudi Telecom for US$9.6bn
2004
French government sells 10% of France Télécom
for €5.1bn
ADSB floats Belgacom stake for €3.6bn
2005
Tele Iceland auctioned to investment company Skipti ehf for
ISK66.7bn
Netherlands government raises €1.4 billion through sale
of further 8% stake in KPN
2006
Nigerian government raises US$750m through sale of 75% of
Nigerian Telecommunications (NITEL) to Transnational Corporation
(Transcorp)
2007
Sweden sells further 8% stake in TeliaSonera AB for US$2.9bn
2008
Vodafone agrees to buy 70% stake in Ghana Telecom from Ghana
Government for US$900m
next page (privatisation
studies)
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