THE telecommunications monopoly in Guyana has ended and already three licensed service providers are going ahead with expansion plans.
On Monday, Prime Minister Mark Phillips announced the end of GTT’s 30-year-monopoly the Starbroek News reported.
On Tuesday, he handed over licences to GTT, Digicel and E-Networks at a ceremony at his Camp Street office.
In a statement, GTT’s Chief Executive Officer, Justin Nedd, said, “With a fibre internet network investment that can go from Guyana to the USA and back, GTT is positioned to provide 5G and other next generation services to Guyana. We expect that with our planned service enhancements, our customers will not be able to discern a difference in service whether they are in New York or Guyana.”
Attorney General Anil Nandlall reminded that the new operating regime will ensure “true fees, charges and taxes” are paid to the state the newspaper reported.
Phillips had said that the end of the monopoly signified the creation of competition and ultimately better services.