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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.
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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) |
The
industry is expected to expand considerably once the privatization
of the government-owned Bahamas Telecommunication Company (Batelco)
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. |