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Pursuant to its powers under the Telecommunications Ordinance 2004, Interconnection Regulations 2005 and the Administrative Procedures Regulations 2008, the commission is pleased to announce that it is initiating the second consultation process base on the comments and responses received from the parties on the continued appropriateness of the current Mobile Termination Rate upper limit of $0.15.

NOW THEREFORE the Commission releases its revised findings of the benchmarking study it has undertaken, which takes into account the comments and responses it has received from the industry. Our proposal is to reduce the MTR upper limit over the period 2011 to 2013 which is described in the Review of Mobile Termination Rate Second Consultation Document.

The document includes a review and analysis of the responses to the initial Consultation Document and reaches conclusions on most of the questions posed in that document (Chapter 2).

We have revised the benchmarking study in response to parties’ comments and these revisions are described in Sections 2.8 and 2.9, and Annexes A and B.

In addition, we have conducted a sensitivity analysis of the benchmarking results which is summarized in Annex C. As a result of the revisions to the benchmarking analysis along with the associated sensitivity analysis the revised MTR Proposal, as you will see, involves MTR target rates which are higher than those in the initial Consultation Document. The Revised MTR Proposal is described in Chapter 3.

Hard copies of the Second Review of the Mobile Termination Rate Consultation Document can also be obtained from the Commission’s office at the address below.

ACCORDINGLY, the Commission requests that any party having any comments concerning the proposal make their views known within 4 weeks of the publication of this notice in writing delivered by hand to the Commission at their office at The Business Solution Complex, Leeward Highway, Providenciales, Turks and Caicos Islands or by mail to P.O. Box 203, Providenciales, Turks and Caicos Islands or electronically via email at consultation@tcitelecommission.tc on or before 3.30 p.m. Tuesday, December 7, 2010. All submissions should be filed electronically even if also filed in paper form.

FURTHER, the present consultation process also permits any party to submit reply comments on any matters contained in other parties’ December 7, 2010 comments duly filed with the Commission. Any such reply comments must be filed with the Commission in the same manner as described above and must be received by the Commission on or before 3:30 p.m. Friday, December 17, 2010.