special study telecommunications informatics and media sector policies may 2006 pe05 324s ab0cd evaluation department evd preface this review is an of the european bank for reconstruction development s policy past performance in it has been carried out by albert stocker senior manager independent he was assisted friedrich w kraemer a industry specialist german technical cooperation tc fund provided financing consultancy assignment ebrd subsequently abbreviated as telecom 1992 1999 projects operations signed between 1991 2005 form basis intended to help update its objectives are b assess c summarise findings lessons learned d identify challenges opportunities future chapter 1 describes initial conditions response 2