A leading Bahamian communications player has expressed concern that the resignation of the Utilities Regulation & Competition Authority’s (URCA) chief executive could undermine “continuity and leadership” at the regulator during a crucial period in its development and that of the overall market.
Describing Usman Saadat’s imminent departure as “unfortunate”, Anthony Butler, president and chief executive of BISX-listed Cable Bahamas, indicated to Tribune Business his concern that the resignation might “derail or hinder” URCA’s current work, which includes several consultations vital to creating the framework for sustainable competition in the Bahamian communications industry.
