Fijivillage
NEWS SPORTS
28 January, 2021, 7:29 pm Central - 24°C Rain
Subrails 2021 Deals
Subrails 2021 Deals

Entry of Digicel came about as govt in 2007 had a philosophy of liberalizing the economy- AG

Entry of Digicel came about as govt in 2007 had a philosophy of liberalizing the economy- AG

By Iva Danford
Thursday 01/10/2020
Minister for Economy Aiyaz Sayed-Khaiyum and Digicel CEO Farid Mohammed.

Minister for Economy Aiyaz Sayed-Khaiyum says the entry of Digicel into the Fijian economy came about because government in 2007 had a philosophy of liberalizing the economy.

Sayed-Khaiyum highlighted this at Digicel Fiji’s 12th anniversary celebrations at GPH.

He says companies like Vodafone, TFL and FINTEL all had long term exclusivity, which meant that other companies could not enter the telecommunication sector.

Sayed-Khaiyum says this resulted in not much competition and the customers did not have much choice.

He says they then engaged two World Bank consultants in 2008 to help them navigate their way through the companies who had these exclusivities.

Sayed-Khaiyum says in any economy there needs to be competition, and the ability of businesses to do their ultimate best so they do not take a free ride.

He says one of the challenges faced in Fiji is that companies tend to cherry-pick on where to provide the services.

Sayed-Khaiyum says government is working with Digicel and various other organizations to make sure they get connectivity.

He says telecommunication, internet, mobile phone connectivity has been hailed as the greatest equalizer as a poor and a rich person can both access google.

Sayed-Khaiyum says it can also become the greatest disequalizer if they connect some people and others are not connected.

The Attorney General says because of the work government is doing with FCCC, network providers who used to pay $240,000 a month for a 10GB line, now only pay $640 a month.

Sayed-Khaiyum says they want that reduction to be able to be passed down to the consumers.


Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Drug and substance abuse in Fiji
Substance abuse including marijuana cases are on the rise amongst students in schools during the COVID-19 period, and urgent action is required.
36 days ago

Tropical Cyclone Yasa
The impacts felt from Yasa were large and wide. Many affected people had their access to essential things, like food and water, cut ...
44 days ago

Ratu Naiqama becomes Leader of Opposition after Rabuka resigns
Rabuka made the announcement while responding to the opening of the 2020-2021 Parliament ...
44 days ago
FEATURE NEWS
A Tropical Cyclone Alert is now in force for parts of Fiji
If you are living in Vanua Levu and nearby smaller islands, Yasawa and Mamanuca Group, a Tropical Cyclone Alert is now in force for your areas. The...
4 hours ago
LATEST NEWS
All schools will be closed tomorrow
All schools will be closed tomorrow as a precautionary measure for the Tropical Cyclone Alert now in force for parts of the Fiji Group. Education ...
35 minutes ago

Spinal Injuries Association of Fiji receives mobility aid equipment from the UK
The Spinal Injuries Association of Fiji has received mobility aid equipment from the United Kingdom. The donation was made possible through ...
2 hours ago

Courts contributes $250,000 to assist in TC Yasa rehab effort
More help has come through for people affected by Cyclone Yasa as Courts and Vision Investments Limited made a contribution of $250,000 to the Prime ...
2 hours ago

Yasawa starts to experience heavy rain and strong winds
Yasawa villagers are starting to experience heavy rain and strong winds. Naviti Village Church Steward, Lakai Lesulala says the villagers have ...
2 hours ago

Rakiraki Town closed due to flooding
Rakiraki Town is closed due to flooding. FRA says Police are at the scene to monitor the movement of people. Korotale Road from Vatukacevaceva ...
3 hours ago

TOP