Cap to stay : vimarsana.com

Cap to stay


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Barbadians could end up paying more for their landline service from Cable & Wireless (Barbados) Limited (C&W) in the future.
But the telecommunications company, which trades as Flow, will not be able to hike the price beyond three per cent a year, as determined by the Fair Trading Commission (FTC).
The utility regulator announced this yesterday. It explained that even though the traditional stand-alone fixed line service was now less in use and while C&W faced competition from Digicel, there were “vulnerable customers” who had to be considered.
This was after the FTC reported that C&W argued against retaining the price cap regime that was first implemented in 2005. The price cap only applies to C&W’s landline offering as the FTC does not regulate mobile phone services.

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