NTRC to resume consultation on proposed new price cap plan

The National Telecommunications Regulatory Commission (NTRC) is resuming a Public Consultation on a proposed new Price Cap Plan to regulate certain retail tariffs of Cable & Wireless St. Vincent and the Grenadines Ltd (LIME).{{more}}

A release from the NTRC said the first consultation was held in October 2014.

“However, due to changes in our market, notably the announcement of the LIME/Flow Merger, we have decided to restart the consultation process. This will give our stakeholders an opportunity to provide comments on the proposed plan while taking into consideration the effects of this merger,” the release said.

The proposed Price Cap Plan (PCP) was received from the Eastern Caribbean Telecommunications (ECTEL) to be approved by the National Telecommunication Regulatory Commission (NTRC).

To facilitate this consultation process the proposed Price Cap Plan (PCP) document is available in electronic format on the NTRC website www.ntrc.vc and at their office located on the 2nd Floor of the NIS Building on Upper Bay Street, Kingstown.

As stakeholders in the sector, members of the public are invited to comment on the proposed PCP. The initial consultation period will run from March 31, 2015 to April 30, 2015. This will be followed by a comment on comments period from May 11, 2015 to May 22, 2015. As such, all initial comments must be submitted by April 30, 2015 to the afore-mentioned address or by email to ntrc@ntrc.vc