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Towards Competition in International Satellite Services:
Rethinking the Role of INTELSAT

Joseph E. Stiglitz, Marius Schwartz, and Eric D. Wolff *

DRAFT

July 1995 **

Please send any comments to the authors at:

Council of Economic Advisors
Old Executive Office Building
Washington, DC 20500

fax (202) 395-6809

Introduction
I. INTELSAT's Original Mission and History
II. Changes in the Economics of International Telecommunications
III. Arguments for a "Large INTELSAT" -- and Against
IV. Conclusion

Towards Competition in International Satellite Services: Rethinking the Role of INTELSAT

Joseph E. Stiglitz, Marius Schwartz, and Eric D. Wolff *

July 1995 **

Towards Competition in International Satellite Services:
Rethinking the Role of INTELSAT