Digicel is not daunted by the prospect of increased competition in the local telecommunications market.Commenting on the Request for Proposals (RFP) issued by the Telecommunications Authority of T&T (TATT) last month for a service provider, Digicel's CEO John Delves said the company is ready to compete if the need arises.
"We love competition, we believe it makes us perform to our best, in that we raise our standards. Not necessarily a third operator may come in, it's a very competitive market. TATT did issue an RFP in 2009, and there were no successful applicants. But if there is a successful applicant I would be happy to compete," he told reporters yesterday at the opening of Digicel's new Experience Store at ANSA Centre, Maraval Road, Port-of-Spain.
Delves said even if the third player turned out to be a major entity like Vodafone or Verizon he would not be worried. He said Digicel has competed with Vodafone before and it would be no different in T&T."We have competed against all major international carriers and we have done very well," he said.In its RFP, TATT said it is "initiating a competitive authorisation process which includes: The provision of a public domestic mobile telecommunications network and public telecommunications services by a potential third mobile operator."
Delves said the prospect of more competition in the local market was not the reason why Digicel decided to remove roaming rates effective October 1.He explained: "We have always prided ourselves as being the first to market with innovative new products, launches and services and this (the removal of roaming rates) is another example of that where we are giving back to the people of the Caribbean."
He said the removal of the roaming rates would not impact negatively on Digicel's profits since the T&T market is on a continuous growth path."We know, a lot of people travel to places like Guyana, Barbados, Antigua and Jamaica. We want to make it easier for every customer to move around," he said.Cornell Buckradee, adviser to the Minister of Science and Technology, said the mobile sector in T&T continues to grow and competition "has served T&T well."
"The telecommunications and broadcasting sectors collectively generated $5.3 billion in revenue in 2012, representing a 12.6 per cent increase from the prior year, with mobile service contributing $2.2 billion or 42.2 per cent of that total."
The newly-opened Digicel Experience Store offers several special services. In addition to catering to the needs of corporate customers, the store also provides facilities for meetings using video conferencing technology in an enclosed conferencing room, as well as free workshops in its customer education zone.