29 January 2021 FOR IMMEDIATE RELEASE Today, the Utilities Regulations and Competition Authority (“URCA”) publishes Adjudication [ECS-COMP 01/2021] pursuant to section 105 of the Communications Act 2009 (Comms Act). On the 15 December 2020, Speedcast Caribbean Limited applied for a Change in Control pursuant to section 70(1) of the Comms Act by submitting a Basic Notification Form (with accompanying document) to URCA. This Adjudication sets out URCA's analysis of the effect of the notified Transaction on competition in the relevant market in The Bahamas, pursuant to section 75(1)(a) and 75(1)(b) of the Comms Act, and in accordance with section 103…
SAVE THE DATE!The Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) will hold an information session focused on the newly launched Project Preparation Facility (PPF).The PPF is designed for private sector entities including project developers interested in accessing sustainable energy project development support for implementation in any of the CARICOM Member States.For more information on the PPF visit: https://www.ccreee.org/eve…/ppf-private-sector-info-session/.REGISTER TODAY here: https://forms.office.com/Pages/ResponsePage.aspx…
For Immediate Release Notice of Extension: Addendum to Market Information Reporting Requirements for Specified Licensees in the Electronic Communications Sector (“ECS 28/2017”) On 19 November 2020, the Utilities Regulation and Competition Authority (“URCA”) issued: Addendum to Market Information Reporting Requirements for Specified Licensees in the Electronic Communications Sector ("ECS 28/2017") for public consultation. URCA invited Respondents to send written comments and submissions to URCA by 5:00 p.m. on or before Monday 21 December 2020. To date, URCA has received two responses to the Public Consultation Document. Based on the responses received, URCA will address some of the responses by meeting…
URCA Releases 2021 Annual Plan For Immediate Release Today the Utilities Regulation and Competition Authority URCA, in compliance with its statutory obligations, published its 2021 Annual Plan inviting stakeholders and members of the general public to submit feedback. The plan provides a summary of 2020 activities, areas of priority for 2021, and the organization’s 2021 budget. According to newly appointed Chief Executive Officer, Mr. J. Carlton Smith, “the Covid-19 Pandemic has highlighted the significance of the Electronic Communications and Electricity sectors to the country's sustainable operation, particularly in times of crisis. It emphasized the value of a robust and resilient…
