CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the incorporation by reference in the initial filing of the Registration Statement of The Emerging Markets Telecommunications Fund, Inc. on Form N-14 of our report dated July 19, 1999 on our audit of the financial statements and financial highlights of The Emerging Markets Telecommunications Fund, Inc. and of our report dated January 26, 2000 on our audit of the financial statements and financial highlights of The Emerging Markets Infrastructure Fund, Inc., which reports are included in the Annual Reports to Shareholders for the years ended May 31, 1999 and November 30, 1999, respectively, which are incorporated by reference in the Registration Statement. We also consent to the reference to our Firm under the headings "Financial Statements" and "Experts" in the Prospectus/Proxy Statement and "Financial Statements" in the Statement of Additional Information. PricewaterhouseCoopers LLP Two Commerce Square Suite 1700 2001 Market Street Philadelphia, Pennsylvania July 7, 2000