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House: decline in internet prices

Grant Gibbons, the Minister of Economic Development (File photograph)

The Regulatory Authority’s first report has been put before the House of Assembly.

The report, which covers the first 15 months of the authority’s operation up to March 31, 2014, reveals an increased competition within the internet service provider market and a decline in prices.

Grant Gibbons, the Minister of Economic Development, said: “The industry also experienced a shift from fixed telephone services to mobile services, and saw an increased demand for both mobile and fixed broadband.

“The mobile sector also saw an overall increase in subscriptions in 2013, and experienced a slight increase in outgoing calls, but realised a significant decrease in text messages during 2013.”

• To see the report in full, click on the PDF under “Related Media”