The regulatory history has four phases, the first which was from 1964 to the 1989. PTT was established in 1964, this was a forerunner of DGPT. In 1985 DGPT gave operating licenses and were removed from the government budget. The second phase was from 1989 to 1999. The new Act of Telecom was established in 1989 that established DGPT as the policy maker and regulator.
The colloquium notes Lara Alawattegama (LA): Monopoly means ‘a market with a single supplier’ Why a monopoly happens: 1. No close substitutes 2. Legal barriers to entry 3. Resource barriers 4. Unfair competition -predatory pricing Rohan Samarajiva (RS) : Lack of competition leads to monopolies.