GT&T says financial distress justifies hike in domestic rates

The Guyana Telephone and Telegraph Company Limited (GT&T) says higher costs that have placed it in financial distress as well as substantial changes in the telecoms environment justify its proposed increase in rates for domestic services, even as it faces accusations that it is misrepresenting its costs and has been taking advantage of subscribers.

GT&T representatives made their second appearance before the Public Utilities Commission (PUC) last Friday, following its application for approval of a tariff regime establishing a change of rates in some instances and new rates in others.

The hearing was further adjourned to October 1st after a series of arguments were presented by consumer activist Leonard Craig and to