Telecom liberalisation would enhance Barbados’ competitiveness
By Randy Howard
THE liberalization of the local telecommunications market is not only good for consumers, but would also greatly enhance Barbados’ level of competitiveness vis-à-vis the rest of the world.
This was the argument made by Director of the consulting firm Ideas 4 Lease, Chris Halsall, in an interview with the Business Monday.
Halsall was very passionate when he made the argument, stating that “as long as our telecommunications rates as high as they currently are, we’re not going to be anywhere near as competitive as, for example, Mexico, India, and Thailand. There are a lot of places in the world with much better telecoms at much better rates.”
He was making this point regarding the issue of the current state of long distance telecommunications, the cost of which he believes to be too high.
He stated that “International voice is Cable & Wireless’ traditional cash cow” and that no one should be angry with them because their job is to maximise their returns. However, he is of the view that there needs to be a “true elimination of these outrageous long distance charges – and the only way to achieve this is with regulation.”