Creating Opportunity Where It's Needed Most
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Annual Report

Results by Industry

Our leadership role in sustainable private sector development reflects a special advantage—the depth and breadth of expertise we have acquired over more than 50 years of helping emerging-market firms succeed and grow.

We provide our clients the right mix of capabilities to address their needs, delivering the best of what IFC has to offer.

Telecommunications & Information Technology

Modern information and communication technologies make it easier for the poor to obtain access to services and resources. They expand opportunity and make markets and institutions more efficient.

IFC works to extend the availability of such technologies to promote sustainable economic growth and good governance, enhance social inclusion, and reduce poverty. We channel investments toward private companies that build modern communications infrastructure and information-technology businesses, and develop climate-friendly technologies.

IFC increasingly helps clients move beyond their own national borders and into other developing markets. In FY12, our new commitments in this sector totaled $412 million, including funds mobilized from other investors.

FY12 Development Outcome Scores

Numbers at the left end of each bar are the total number of companies rated.
Series 1Series 2

Project Financing and Portfolio, by Industry

Telecommunications and Information Technology
$ millions, for the years ended June 30 FY12 FY11
IFC commitments 247 337
Loans 159 279
Equity 89 58
Guarantees and risk management NA 0
Core Mobilization Commitments* 165 592
Total commitments 412 929
Committed portfolio for IFC's account 1,520 1,635
Committed portfolio for Loan Syndications** 938 907
Total portfolio 2,458 2,542

*Including Loan Syndications (B-Loans, Parallel Loans and ALPS), IFC Initiatives, AMC, and Other Mobilization by Decision, as applicable for this Industry.

**Including B-Loans and Agented Parallel Loans.

Development Reach

Telecommunications and Information Technology Portfolio New Business
CY10 CY11 FY12
Employment 88,333 88,979 7,991
Female Employment 26,640 29,784 3,024
Phone Connections (Million Customers)* 180 172 1.43
Payments to Government ($ million) 1,917 1,948 326

*One client in South Asia contributed 89.5 million of customers in CY11.

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