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URCA Dismisses BTC’s Concerns As Self-Serving

The Bahamas Telecommunications Company’s (BTC) complaints of ‘heavy handed’ regulation and “onerous” retail pricing rules have been dismissed by the sector regulator as “self-serving and not in the interest of competition”, expressing doubt over whether the newly-privatised company can facilitate price cap regulation.

Responding to BTC’s criticisms in feedback to its three-year strategy, the Utilities Regulation & Competition Authority (URCA) rejected its concerns over the retail pricing rules, denying “that they inhibit BTC from responding to changing circumstances”.

Posted in Business

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