A report just released by DIRSI shows that Peru’s regulatory environment has improved slightly during the period from 2007 to 2009. The report, Entorno regulatorio de las telecomunicaciones: Perú 2007-2009 (Telecommunications Regulatory Environment: Peru 2007-2009), prepared by Jorge Bossio, used the Telecom Regulatory Environment (TRE) Assessment methodology that was developed by DIRSI’s partner LIRNEasia as an approach to gaining insight on regulatory performance. The TRE methodology is based on the assumption that investment is a necessary condition for good telecom sector performance, and investment decisions are influenced by perceptions of investment risk. Using interviews and a questionnaire administered to a statistically significant cross-section of industry stakeholders and experts, the TRE assessment traverses six dimensions of regulatory risk for both the fixed and mobile sectors. The new report, the second assessment of Peru’s regulatory environment, reports that the overall influence of the regulatory environment in Peru has improved since the previous assessment (2006-2007) but remains neutral – neither encouraging nor discouraging investment.