No monopoly of telecom market, say OECS ministers
Castries, St Lucia — Organization of Eastern Caribbean States (OECS) telecommunications ministers have taken a decision to prevent the return to a telecommunications monopoly following a proposed merger between Cable and Wireless Communications and Columbus Communications International.
Ministers pledged to prevent any return to a monopoly in the sub-region’s liberalized market, following a meeting during which ECTEL member states — Saint Lucia, St Vincent and the Grenadines, Dominica, Grenada, and St Kitts and Nevis — discussed the proposed merger.
The situation revealed deficiencies in existing OECS telecommunications legislation and the ministers agreed to create a competition commission to deal with mergers in all sectors.
The ministers noted that the companies involved would have to apply for a new licence to operate in a merged environment in any OECS territory. None had applied so far.
The OECS will now work with Trinidad and Tobago to undertake a complete regional assessment of the implications of the proposed C&W-Columbus merger.
Saint Lucia’s minister for information and broadcasting, Dr James Fletcher had previously advocated that consumer rights need to be protected.