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RA grants ICOL to Logic after TBi’s launch of residential internet

The Regulatory Authority has revoked an Emergency Order over the amalgamation of North Rock and Logic and issued an Integrated Communications Operating Licence to Logic.

The Order was preventing the companies from receiving the ICOLs they would otherwise have received on April 29 with the rest of Bermuda’s communications providers.

“Because the merged companies were Bermuda’s only residential internet service companies and clearly, therefore, ‘dominant’ in the provision of internet service in Bermuda, the Authority felt it should try to ensure their merger did not stifle competition in this area,” the RA said in a statement last night.”

“However, in the light of new competitive developments in the residential internet Service Provider market, it proved not necessary to take that further.”

The RA will issue an ICOL to Logic only.

The ICOL will include the relevant assignment of spectrum used by North Rock Communications Ltd, except that the 902 MHZ to 928 MHZ coverage that North Rock Communications had in its original licence, but had not deployed, is being withdrawn.

Logic has also withdrawn the request for spectrum made by North Rock Communications Ltd on March 4, 2013.

Authority chairman Kent Stewart said: “We are delighted with the outcome. This difficulty occurred at least in part because this regulatory regime is so new. It had not occurred to North Rock and Logic, in the excitement of reaching a merger agreement, that the Authority needed to be consulted, and some technical licensing difficulties ironed out, before the merger could go ahead. Logic may now compete freely in the ISP residential market and react to market forces as they may wish.

“I think the whole communications industry understands better now, as a result of this problem, what the requirements of the Authority will be in the future. We believe that there may well be further mergers and consolidations before long, so this has been a useful exercise.”

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Published May 08, 2013 at 11:29 am (Updated May 08, 2013 at 11:28 am)

RA grants ICOL to Logic after TBi’s launch of residential internet

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