Too much red tape
August 29, 2013
Internet prices have dropped considerably in recent months, but there is still some way to go yet. On a recent trip to Barbados I read a brochure about a new internet provider called Flow. A few selections listed are as follows: 25MB for $100, 50MB for $150, and 100MB for $200 Barbados dollars. To give you an idea in US dollars, the fastest speed of 100MB for $200BBD is $100 USD per month! They do not pay two service providers like we do either. 100MB for $100 USD flat! Geographically speaking, Bermuda is closer to the US mainland. A flight from New York to Barbados is just over five hours. A flight from Miami to Barbados is three hours and 30 minutes, give or take. Thus the underwater cable needed to connect Bermuda to the States has a shorter run. This should mean lower prices right? Apparently not.
It's hard to believe that a country further away buys their bandwidth from the states at a cheaper price than Bermuda does. Some may read this and say 100MB for $200 BBD is expensive for customers in Barbados. Some may also argue that Barbados is a bigger country with a bigger population helping to ease the cost of internet. Fair points. This to me still does not justify the fact that we are stuck at 25MB for way over $100 a month. Costs aside, we should have 100MB or higher on offer to us here by now as well. There is just too much red tape holding Bermuda back. In closing, the RA should require BTC & CableVision to lower their prices like the service providers have too. Falling under the same umbrella is preventing real competition.