| While
The Bahamas offers all forms of modern telecommunication,
the industry is currently the subject of numerous governmental
plans to improve on the nation’s technological capacity.
At the centre of these plans is the aim to position The
Bahamas as the optimal state-of-the-art centre, expanding
its resources within the field of E-commerce (for which
legislation is underway).
The
industry is regulated by the Public Utilities Commission,
an agency established in 2000. During the same year, the
Telecommunications Act was significantly overhauled, making
room for further improvements within the industry.
Grand
Bahama and New Providence are linked to the U.S. via submarine
fibre optic cables. An increasing number of Bahamians and
businesses operating locally are taking advantage of the
cable, telephone, satellite, and wireless services available.
The number of internet users alone has skyrocketed since
the late 90’s and continues to grow. There are several
local internet service providers (ISP’s) offering
either dial-up modem, high-speed, or cable internet access.
The
industry is expected to expand considerably once the privatization
of the government-owned Bahamas Telecommunication’s
Company (BTC) is finalized. The government plans to complete
the process in 2004. Privatization will allow for greater
competition within the industry and will help The Bahamas
better meet global market demands.
Communications
Penetration
Number of fixed lines in service in The Bahamas –
120,000
Number of cellular users – 100,000
Number of internet users – 34,000
(source: Public Utilities Commission)
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