Last update: 07-Dec-2013 3:12 am
Saturday, December 07, 2013
Trinidad & Tobago Guardian Online
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Telecom Authority on competition: Third operator to lower prices
Approximately five years after the last failed attempt to lure and introduce a third mobile telecommunications operator to T&T, the Telecommunications Authority of T&T (TATT) has said its analysis now shows a new attempt this year could be successful, bringing lower prices and better service for consumers.
On the other side of the spectrum, existing operator Digicel plans to welcome the competition while TSTT thinks the market may be too small.
In a statement sent to the Business Guardian on August 14, TATT said it has “undertaken an economic analysis of the potential entry of a third player into the mobile market. Based on this analysis, it was identified that there is potential for the successful entry of a third mobile player.”
Two days earlier, TATT had advertised that it “initiated an open competitive process for the selection of a third public mobile telecommunications operator.”
The successful bidder will operate on the 700 megahertz (MHz) band.
TATT said the opening up of the provision of mobile services to a third company is in adherence to “free market principles.” The authority said one of the primary objects of the legislation governing it, the Telecommunications Act of 2001, is “to establish the conditions for an open market for telecommunications services, including conditions for fair competition.”
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