« Falling Into Racial Traps – Pt. 2 | Main | Falling Into Racial Traps – Part 3 »

March 31, 2009



I agree with your last statement for sure, and will also add that on paper it looks good but:

"same level of autonomy as the Central Bank"
Is it autonomous? Like the Judiciary?
I don't think we are capable of that sort of self control or denial of the urge to defacate upon anything with the potential to succeed.
Perhaps harsh but I smell more self important clueless wnannabees on the public payroll.
A simple point:
Where are they searching for the " policy expert"?
In my opinion our Administrations of late leave much to be desired as legislators and even more to be desired as leadership.
None the less, we shall watch with interest, and thank you for opening the lid on this scenario.

Keith Major

Great great article. It really piqued my interest.

Felicity Johnson

Excellent article on the changes. I hope that this provokes further discussion in the community. Exciting isn’t it?

larry smith

Couple points Chris.

I was told that the goal is to achieve the greatest level of autonomy within reason, and any suggestions on how to do that would be welcome. You can contribute to the debate.

My impression is that the policy expert is being recruited overseas because we don't have that kind of creature in the Bahamas.

As I noted, the authority will be funded by the industry - not by the government.

Hubert Edwards

I read your article of today with great interest and a sense of excitement too.

It is clear that this sector will be shaken up in some real ways. The table is being set for very serious and agreessive competition (at least in principle) with the consumer benefiting.

The enticing aspect of this, though, is the attendant effect it will have on other segments of the economy. The framework being developed, including your mention of anti-competition hold very important implications for the wider market.

Cursory analysis will show that there are likely to be many entities in various aspects of the Bahamaian market that actually meet the benchmark for anticompetition standards be it 30% or 40%. There are serious segment concentrations which will have to be looked at.

Back to the telecom sector, though. It should be realized that CBL is well positioned with its triple play. They are already in the households providing data and video. The only other leg of the stool is voice.

In the first instance they stand a chance to make very serios inroads into the market. Given the "grace period" for the purchaser of BTC and the positioning of CBL it makes for exciting analysis how they will strategize. Clearly this period must involve making moves in anticipation of CBL's potential moves.

I agree with you get ready for a mixed up world. If it materializes as you projected in your article, this could be a watershed moment for business in the Bahamas is general. Definitely positive for the telecom sector and with spin offs for other sectors, but also with maybe not yet well understood challenging implications.

Erasmus Folly

Bring it on! Can't wait. Look at the great things that happened with radio and tv, the last time Ingraham shook it up. We went from the stone age to the third world with that one. Now, we can really move forward - sky's the limit. Who knows, we may even surpass the Americans by integrating the more modern Asian communications systems into the grid and leave the US behind. Bahamians should be proud. Next, BEC, Water and Sewerage and BahamasAir - then tax reform. Let's go CHANGE!

Erik Russell

Another great article, Larry. The one word that kept going through my head is: "opportunities!" These changes bring opportunities at so many levels, from new revenue streams for BTC and Cable Bahamas to new entrepreneurial openings for the creative and innovative ones among us.

The only hesitation I have in my excitement is that the 'pie' really isn't changing all that much. There will still be about the same number of households and businesses and individuals to subscribe to TV, phone and data services. Once you segment that pie so many times, can anyone really make much money after putting in the capital you need to build an infrastructure that can sustain a reasonable load?

Whatever happens, the unknown in this case is what makes it so exciting.


Bahamas Community

How will anything change when the same crooked shills will still be large and in charge, albeit in new positions?

The comments to this entry are closed.

Become a Fan


  • Bahama Pundit is a group weblog that publishes the work of top Bahamian commentators. We welcome your feedback. You may link to this site but no material may be reproduced without permission.

Email this blog

Global Village

  • Global Voices Online - The world is talking. Are you listening?

Site Meter

Blog powered by Typepad
Member since 09/2005

Enter your email address:

Delivered by FeedBurner