In its first ever to be published Global ICT Regulatory Outlook 2017, the International Telecommunication Union (ITU) affirmed that the days of “obligation-based regulation and a stovepipe ICT marketplace” are gone. That era, approximately tagged: ‘Generation 1’ no longer exists. Regulation is at Generation 4 and even some countries are already at Generation 5. Yes! There is a seismic shift that forces regulation and regulators to be ‘open, collaborative, flexible and consensus-based.

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