Update on Competition Investigations

The Utilities Regulation & Competition Authority (URCA) hereby advises the public of the following investigations commenced by URCA which are currently ongoing regarding allegations of anticompetitive conduct:

(i) Complaint by Systems Resource Group Limited (SRG) regarding toll free calls offered to the Bahamas Telecommunications Company Limited’s (BTC) fixed line subscribers when dialing ViBe numbers.

(ii) Complaint by SRG alleging a margin squeeze by BTC with respect to BTC’s interconnection/ wholesale domestic long distance termination charge and BTC’s retail ViBe offerings. URCA continues its investigations in respect of the above matters, and will keep the parties and the public advised of any developments as they arise.