This story is reproduced by kind permission of Cayman Net News at http://www.caymannetnews.com
The BVI Government and Cable and Wireless (C&W) have agreed on a strategy to discuss the future environment of communications within the territory. It was agreed that government officials and Cable & Wireless and the BVI Government should discuss the key ingredients required for a successful competitive marketplace, having regard to international best practices. Cable & Wireless also proposed a strategy for a phased and orderly transition to competition, which should include the establishment of an independent and transparent regulator.
Following the meeting, the Minister with responsibility for telecommunications, the Honourable J. Alvin Christopher said, "While there will not be a renewal of a monopoly agreement when the current contract expires, my Government welcomes the opportunity to start discussions with Cable & Wireless on the future structure of telecommunications in these islands. Cable & Wireless has taken a bold step in their proposals and we are confident that an agreement can be reached on the way forward."
Also speaking at the meeting, General Manager of Cable & Wireless BVI, Mr. Keith Lowe said, "Cable & Wireless understands that the Government of the BVI wants to move away from the current exclusive structure for telecommunications and we are more than willing to discuss and work with them to see how best this can be achieved." Mr. Lowe also expressed his pleasure with the reception that Cable & Wireless received from the Ministry during the presentation of its proposals.
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