The Telecommunications Regulatory Commission (TRC), the watchdog for the British Virgin Islands (BVI), has designated LIME BVI as the dominant internet service provider (ISP) in the territory, paving the way for possible regulation that could lower costs for consumers. Late last week the TRC published a ‘determination of dominance’, which will allow it to apply regulatory measures under the Telecommunications Act of 2006 to lower the price of international internet access. Sarah Hayes, chief economist at the TRC, commented: ‘Prices for international connectivity are very high in the BVI and the proposed regulation is long overdue. This determination of dominance will also then lead into the forthcoming broadband market analysis’. The TRC will now embark on a 30-day period of negotiation with LIME over access prices.
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