The Utilities Regulation and Competition Authority (URCA) hereby gives notice that, on 15 December 2020, a Basic Notification (the Notification) for the proposed change in control between Speedcast Caribbean Limited (“the Licensee”) and Centerbridge Partners, L.P. (“the Acquirer”) was submitted to URCA for approval To view full notice, click here.
FOR IMMEDIATE RELEASE Statement of Results (ECS 17/2020) and Disaster Management Regulations for The Electronic Communications Sector in The Bahamas (ECS 18/2020) The Utilities Regulation and Competition Authority (URCA) has today simultaneously published the Statement of Results (ECS 17/2020) and Disaster Management Regulations for the Electronic Communications Sector in The Bahamas (ECS 18/2020) (the “Disaster Management Regulations”). The publication of these Regulations follows two rounds of Public Consultation, the second of which concluded on 30 October 2020. The purpose of these Regulations is to ensure network resilience and encourage the rapid restoration of Critical Electronic Communications Infrastructure and services after…
The Utilities Regulation and Competition Authority (URCA) has today issued its Revised Fee Schedule 2020. The new Fee Schedule includes fees payable in 2020 related to URCA’s regulation of both the Electronic Communication Sector (ECS) and Electricity Sector (ES). The Fee Schedule established the revised URCA Fee for 2020, which is based on URCA’s draft Budget for 2020 published on 24 December 2019(URCA 08/2019). Based on URCA Budget 2019 calculations, the ECS URCA Fee is set at 1.094% of relevant turnover, while the ES URCA Fee is set at .3837% of relevant turnover. Publication of the fee schedule is in accordance…
ICT innovations are continuing to evolve to assist in developing this “new normal” for learning, social interactions, good governance, and economic structures. This push to online ‘living’ by COVID 19, has also heightened the potential risk for online abuse and scam. Join URCA for its cybersecurity awareness webinar "Creating a Cyber Secure Culture!" Click HERE to REGISTER for this Webinar! #becybersmart #URCA