About PPP in Broadband
PPP (= Public-Private Partnership) generally refers to a long-term, contractually regulated cooperation between the public and private sector for the efficient fulfilment of public tasks in combining the necessary resources (e.g. know-how, operational funds, capital, personnel) of the partners and distribution of existing project risks appropriately according to the risk management competence of the project partners which is carried out by using the conditions laid down by the law.
It is clear that governments cannot meet the constantly growing demand for services by acting on their own, and that there is a need to look for support from other sectors of society. Government revenues are usually not sufficient to meet spending demands. Partnerships can provide a continued or improved level of service at reduced costs. By developing partnerships with private-sector entities, governments can maintain quality services despite budget limitations.
Advantage of PPP can imply also to the field of Broadband infrastructure development. Public-private partnership is one of the most promising forms of collaboration for purpose of Broadband infrastructure deployment. If properly designed and implemented, PPPs can bring real benefits in terms of helping regional/national governments to finance Broadband infrastructure investment in a more efficient way, freeing up scarce resources to allocate them to other spending priorities.