This fifteenth edition of Trends in Telecommunication Reform has focused on “Capitalizing on the Potential of the Digital World.” With the rise of digital content and the increasingly global nature of ubiquitous networks, there is little doubt that new technologies, services and applications are having huge impacts on both social and economic development. But with all the benefits the evolving digital world offers, it also brings challenges for policy-makers and regulators, who must seek to balance the rights of all stakeholders. Ensuring that consumers benefit from the wealth of opportunities brought by the digital economy in an informed, responsive and safe manner is a challenge that can only be achieved through effective and smart regulation targeted at empowering consumers, redefining responsibilities and creating the conditions for a data driven economy to flourish. The chapters in this report discuss some of the important issues that will have to be addressed if the full benefits of the emerging digital world are to be realized.