E-Networks embraces telecoms liberalisation

-looking forward to increasing 5G coverage 

E-Networks Incorporated has lauded the Government’s “bold move” to swiftly liberalise Guyana’s telecommunications sector, ending a 30-plus years monopoly.

In a press release, Chairman, Mr. Rakesh Puri said he was satisfied that the process is finally complete and will now lead to the delivery of advanced information and communication technology (ICT) and communication services to the benefit of all Guyanese.

Mr. Puri said as a 100 per cent Guyanese-owned and managed company, E-Networks is proud to have invested in providing ICT and internet-based services over the past 17 years.

“We welcome this liberalisation as a further catalyst to introduce new services on our current platforms, including voice, which has been stunted due to the monopoly,” Mr. Puri said. “It is known worldwide that telecommunications liberalisation delivers substantial socioeconomic benefits to a nation, including lower costs, increased GDP, and more widespread social inclusion and cohesion,” he added.  

The Chairman also said the long-overdue liberalisation will bring Guyana out of a primitive era of monopoly, plagued by limited choice and exploitative pricing.

“This move will undoubtedly enable our country to unlock the transformational power of the digital economy, as we embark on our new journey as an oil producing nation,” Mr. Puri said.

E-Networks commended Prime Minister Brigadier Mark Phillips and stakeholders for their concerted efforts in delivering on the promise of liberalisation in such a short time frame.

The Prime Minister formally announced the liberalisation of Guyana’s Telecommunications Sector Monday evening with the Government issuing the Commencement Orders to fully bring into force the Telecommunications Act 2016 and the Public Utilities Commission Act 2016.