Final Determination on Cost of Capital for SMP Operators Monday November 2nd, 2009

The Utilities Regulation and Competition Authority (URCA) issued a Preliminary Determination on 19 August, 2009 (Consultation Document – ECS02/2009) on the cost of capital associated with the activities of Cable Bahamas Ltd. and Bahamas Telecommunications Company Ltd. (BTC). That document set out URCA’s preliminary views on the cost of capital to be used as input to any regulatory measure that requires the inclusion of a reasonable rate of return under Section 40(3) of the Communications Act, 2009. The Final Determination now sets out the final cost of capital to be used and a summary of responses to the consultation.

The full text of the submissions received, a summary of responses to the consultation and the Final Determinations can be downloaded under Publications on this site.