The Utilities Regulation and Competition Authority (URCA) makes reference to the Simplified Application Form (with supporting documents) for approval of change in control submitted on 14 February 2017 by Brickell Management Group on behalf of Neman Networks Ltd. (the acquirer) and Messrs. Frank Rutherford and Phillip Smith (the Licensee). URCA sets out herein its devision and reasons for its decision anent the change in control application. Click here to view full decision.
In today’s world, Information and Communication Technologies (ICTs) are vital, not just to individual consumers, but also to the development of countries large and small. As regulator for the Electronic Communications Sector (ECS) in The Bahamas the Utilities Regulation and Competition Authority (URCA) recognizes the role that ICTs can play in improving the lives of Bahamians throughout the archipelago. To promote this concept among young Bahamians, on 29 September 2017 URCA officially launched its first ICT Competition for students and young adults throughout the country. The launch took place at the R.M. Bailey High School supported by the principal, Mr. …
URCA is seeking to attract a highly qualified and motivated individual with proven leadership ability to fill the post of Director of Electronic Communications (DEC). The DEC has overall responsibility for URCA’s regulatory activities in the Electronic Communications Sector and, together with the other executive members and the Board, leads the organisation in the fulfillment of its mission. The DEC is based in The Bahamas, reports to the Chief Executive Officer (CEO), and is an executive member of URCA’s Board. Interested applicants should email their resume to: hr@urcabahamas.bs. Applications should be received on or before 23 October 2017. URCA thanks all applicants…
On the basis of the findings set out in the Summary of Deliberations and Reasons (hereto attached), URCA hereby grants its consent to a change in the control of the Licensee (for the purposes of Section 70 of the Comms Act) to the Acquirer as set out in the Simplified Notification submitted to URCA by the Licensee and the Acquirer on 22 May 2017. Downloads ECS 08/2017 Adjudication in the Application for Change of Control in Last Mile Communications
