The Ministry of Public Telecom-munications is working towards a July deadline for the liberalization of the telecommunications sector in Guyana, which would allow new players in and hopefully lower rates, according to Minister Catherine Hughes.
“It is a process. The most important thing was passing the legislation that would allow other parties to come into the market and to increase competition and our hope is that with increased competition, rates would go down,” the minister told reporters yesterday at the ministry’s mid-year press conference.
According to Hughes, negotiations are ongoing with both Atlantic TeleNetwork (ATN) and the Guyana Telephone and Telegraph (GTT) Company on the matter, “…We are working towards a July timeframe. Even if we miss it, I am hoping that before we get into the final quarter [of the year] we would have created an environment where more players come into the market.”
