Region
High-income OECD
Income group
High income
Most populous city
New York City

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Disclaimer: Note that the following information is not part of the score that the country receives on the Investing Across Sectors indicators. This information is provided as complementary to the data on the foreign ownership restrictions, and is based on the survey respondents’ comments and assessments. The World Bank Group does not guarantee accuracy of this information.

Sector group:
Telecom
Sector:
Wireless/mobile services: A foreign company seeking to provide wireless/mobile telecommunication services using available infrastructure which it does not own or operate.
Market structure:
 
Survey respondents' answer to the following question, "Define the market structure in your economy for this sector."
Competitive market, i.e. Many firms
Regulatory license:
 
Survey respondents' answer to the following question, "If a foreign company wanted to obtain a sector-specific regulatory license (or a concession contract) to open and operate a new business in that sector, how likely would the government be to issue such a license, provided that the foreign company meets all legal and regulatory requirements?"
Likely
Name of regulatory authority
Federal Communications Commission
Additional comments:
Legislation: (1) Communications Act of 1934

The described activities are generally subject to a license requirement under the Communications Act. Please see the comments under 9.3 above; The applicability of 47 USC 310 will depend upon how the services at issue are provided. If they are provided through a spectrum leasing arrangement, the foreign ownership restrictions discussed above will apply. If provided through a resale arrangement, the rules would most likely not apply.
There are foreign firms currently operating in this sector