Market Report, "Venezuela Telecommunications Report Q4 2013", Published
A heavy government influence helps shape Venezuela's telecoms market, with state-owned firms playing a major role in all aspects of the sector. This not only deters private investment, but also affects private firms already operating in the country, such as Telefonica, as they are unable to repatriate their profits. There have been reports that a deal may be struck in the future enabling some repatriation in exchange for investment commitments. As the state controls a large portion of telecoms the...
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