The report provides an overview of the telecommunication regulatory reforms and trends worldwide. Specific regulatory issues are analyzed and compared by region. This report comprises six chapters. The first chapter is dedicated to a general worldwide overview of regulatory trends. Chapters 2-6 address each region (Africa, Americas, Arab States, Asia-Pacific and Europe). All six chapters are focused on new legislation, the rise of regulatory agencies, ownership reforms, competition trends, regulatory matters and regional and international cooperation.