Barbadian households and businesses with a standalone fixed telephone service from Cable & Wireless (Barbados) Limited (C& W) will be spared price increases for approximately the next three years under a new Price Cap Plan (PCP) implemented by the Fair Trading Commission (FTC).
The FTC has also announced that in relation to some other telecommunications services, the PCP 2025 for C& W, which took effect yesterday and is scheduled to end on December 31, 2027 unless extended, will rely on competition “to prevent excessive pricing by the company”, which trades as Flow.
In a January 31 decision, the FTC “determined that a price control should be applied only to standard standalone fixed telephony services including value-added services, taking account of the need to protect the consumers of these services and with the further objective of acting as a constraint on the price of the company’s other fixed telephony services”.
“The objectives for the PCP 2025, like for the PCP 2021, are chiefly to protect customers for whom [C& W] is the only provider of fixed telephony services, both in areas of the country where Digicel (Barbados) Limited does not have a network and nationally for those customers who demand only fixed telephony services, which services Digicel does not offer on a standalone basis,” the FTC explained.
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