BACKGROUND
Turks & Caicos Islands (“TCI”) Telecommunications Commission (the “”Commission””) sets out its determinations on its review of the current regulatory regime applicable to Cable & Wireless (TCI) Limited’s (“”Flow””) regulated fixed services. As part of its review, the Commission collected comprehensive market data and information from Flow and other operators in TCI. The Commission then conducted a preliminary market assessment of the regulated fixed service markets under consideration (including fixed access, domestic/international calling, and domestic/international private leased circuits) and, based on its findings, proposed options for a new forbearance regime for Flow’s regulated fixed services.

COMMISSION DECISION

Based on the results of the public consultation process the Commission has decided to continue to forbear from regulating the prices of vast majority of Flow’s fixed services, subject to the following “price cap” forbearance conditions:

Residential Access at a Fixed Location: The maximum allowable increase in Flow’s residential standalone basic fixed access service price is equal to the annual rate of inflation in TCI, subject to a maximum annual increase of $0.50/month in any given year.
Business Access at a Fixed Location: The maximum allowable increase in Flow’s business standalone basic fixed access service price is equal to the annual rate of inflation in TCI, subject to a maximum annual increase of $1.25/month in any given year.
Domestic Calling from a Fixed Location: The maximum allowable increase in Flow’s standalone basic domestic FTF and FTM call services price is equal to the annual rate of inflation in TCI, subject to a maximum annual increase of $0.005/minute and $0.010/minute in any given year, respectively.
The prices of all other regulated fixed services offered by Flow, whether provided on a standalone or bundled basis, are not subject to ex ante regulatory oversight by the Commission.

The Commission considers that this forbearance determination is consistent with the telecommunications policy objectives for TCI and the Ordinance.

The forbearance rulings adopted by the Commission in this Decision come into effect on 1 September 2019. The Commission intends to review the Decision by 1 April 2025.

The comprehensive consultation (PN 2019-1) and decision (DN 2019-4) of Flow’s Regulated Fixed Services Review can be view on our website at www.telecommission.tc or visit our office at Business Solutions Complex on leeward Highway, Providenciales.

END

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Document Attachment
TCI Fixed Services Review Decision July 26 2019