GSMA Proposes Regulatory Reforms to Modernise Chile’s Digital Ecosystem
24 November 2017 - 1:00AM
Business Wire
New Report Outlines Key Recommendations for the
Digital Agenda of the Next Chilean President, Focuses on Helping
Chile Maximise the Benefits of the New Digital Economy and Maintain
Regional Leadership
The GSMA today published a new report, ‘Keys to the
Modernisation of Digital Ecosystem Regulation in Chile’, which
outlines the impact of the ‘Fourth Industrial Revolution’ and
digital economy on current regulation, which is becoming
increasingly obsolete. The study presents a series of
recommendations for the digital agenda of Chile’s next president,
emphasising the need to create a competitive digital environment
that maximises innovation and investment and generates the greatest
possible benefit for Chilean consumers and companies.
“The institutional framework that regulates ICT must be reviewed
urgently if Chile intends to maintain its regional leadership
indicators,” said Sebastian Cabello, Head of Latin America, GSMA.
“For example, a body empowered to act across the digital ecosystem
will need to be created to address the dynamism of the current
market and find effective solutions for the cross-cutting nature of
digital issues that are currently addressed piecemeal by various
government agencies.”
In the report published today, the GSMA made five key
recommendations to modernise and update Chile’s regulatory
framework:
- Improve coverage by removing barriers
to infrastructure deployment;
- Level the playing field by reducing
regulatory burdens on existing services;
- Enhance the user experience by
encouraging competition in quality of service;
- Optimise the use of radio spectrum, a
key input for the industry and in particular for the development of
the Internet of Things; and
- Create an institutional framework that
can act across the digital ecosystem.
The technological progress resulting from digitisation is
generating tremendous benefits for users around the world and
access to digital content is becoming nearly universal. Chile now
has 27.5 million mobile connections (153 per cent penetration) and
about 13.6 million unique mobile internet subscribers (76 per cent
penetration), indicating that users across all levels of Chilean
society are reaping the benefits of connectivity.
The report shows that the rapid evolution of the digital
ecosystem complicates the task of establishing rules capable of
maintaining their validity for any length of time. It is evident in
Chile that stringent regulation can distort the market and affect
the emergence of new products and services.
Other fundamental aspects highlighted in the study include the
need to ensure greater availability of spectrum and remove barriers
to infrastructure deployment. Spectrum is the resource that drives
greater investment and enables a wider variety and better quality
of services.
“Without spectrum there is no possibility of moving up the
technology ladder, because there will be no infrastructure
available to encourage new applications, digitise production, or
generate a leap in productivity,” Cabello added. “Further, we need
to ensure that regulation put in place today is future-proof and
able to keep pace with new developments.”
To download the new report Keys to the Modernisation of Digital
Ecosystem Regulation in Chile, visit:
www.gsma.com/latinamerica/regulatory-modernisation-chile. To find
out more about digital regulatory modernisation in Latin America,
please visit:
www.gsma.com/latinamerica/es/modernizacion-regulatoria-america-latina.
-ENDS-
About the GSMA
The GSMA represents the interests of mobile operators worldwide,
uniting nearly 800 operators with more than 300 companies in the
broader mobile ecosystem, including handset and device makers,
software companies, equipment providers and internet companies, as
well as organisations in adjacent industry sectors. The GSMA also
produces industry-leading events such as Mobile World Congress,
Mobile World Congress Shanghai, Mobile World Congress Americas and
the Mobile 360 Series of conferences.
For more information, please visit the GSMA corporate website at
www.gsma.com. Follow the GSMA on Twitter: @GSMA.
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