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Chile's advanced economic growth in conjunction with pro-private sector and pro-competition policies are key drivers in the market for advanced technologies. Chile currently is the leader in Latin America in it use of contemporary information and telecommunications systems.1 The process of privatization and deregulation has gone through three significant phases since beginning in 1977. The first phase ( 1977-1985) involved the establishment and implementation of formal foundations for liberalization. The second phase (1985-1988) involved the privatization of CTC (local telephone service provider) and Entel (long distance service provider). The current, and third phase (1989-present) involves the repositioning of the privatized companies into new areas of business. 2 The Telecommunications Law which was enacted in 1994 promoted competition by licensing multiple carriers for all types of service and open to both domestic and foreign companies. 3 In 1995, the Chilean government established a development fund to hopefully encourage improved telecom service to rural and low income areas. In response to Chile's pro-competitive policies, numerous telecommunications providers are in the market for imported equipment and services related to cellular networks, rural telephony, fiber optics and satellite communications.
1. http://www.dfait-maeci.gc.ca/english/geo/lac/50204-e.htm |