1 americas telecommunication indicators 2000executive summary 2000 executive april international union 2 a decade of reforms no region the world has embraced privatization telecommunications as enthusiastically latin america 89 incumbent public telephone operators worldwide that had been privatized by end 1999 one quarter were in even more impressive is degree private participation sector while than two thirds countries have either partially or fully their companies other regions like africa and arab states this percentage drops to 28 33 per cent respectively figure top chart little ago chile was first country sell its state owned company ten years later nearly every major operator largely investors what lay behind rush privatize firstly politics played an important role economic crises during 1980s left many governments strapped for cash unable resist
