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LOWTAX OFFSHORE

BERMUDA: TELECOMMUNICATIONS


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In this Section:

- BERMUDA BUSINESS ENVIRONMENT
- BERMUDA TRUST MANAGEMENT
- BERMUDA PROFESSIONAL SERVICES
- BERMUDA BANKING AND FINANCIAL SERVICES
- BERMUDA INTERNET AND E-COMMERCE FACILITIES
- BERMUDA RESIDENCE AND PROPERTY
- BERMUDA THE LABOUR MARKET


Bermuda Telecommunications

There are a number of competing telecommunications providers in Bermuda. Long-distance call costs in Bermuda have fallen substantially in recent years.

Providers of a wide range of telecoms services in the jurisdiction include:

  • Cable & Wireless
  • Logic Communications
  • North Rock Communications
  • TeleBermuda International

In January, 2006, Caribbean telecommunications operator Digicel announced a major programme of investment aimed at expanding its regional wireless network into new territories in 2006.

According to Colm Delves, CEO of Digicel Group, the company's strategy for the year ahead was to build upon the momentum gathered in 2005 when Digicel received approvals for its acquisition of Cingular Wireless’s operation in Bermuda (where it is based).

Digicel has operations in fifteen Caribbean countries with a combined population of 14 million, and the company’s overall investment in the region is approaching US$1 billion since its launch in the region in 2001.

Digicel’s network now encompasses a wide area of the Caribbean basin, including Anguilla, Antigua & Barbuda, Aruba, Barbados, Bermuda, the Cayman Islands, Curacao, Dominica, Grenada, Haiti, Jamaica, St. Kitts & Nevis, St. Lucia, St. Vincent and the Grenadines and Trinidad & Tobago.

Cable and Wireless has also announced a significant investment in upgrading its telecoms infrastructure, including a new fibre-optic cable linking Bermuda with the US with 700 times more capacity than the existing cable.

According to a 2008 report, the overall adoption rate of telecommunication devices in Bermuda continues to be high.

On the corporate side, nearly all Bermudan companies surveyed have computers. Consistent with last year, almost all firms (95%) have internet access with a high-speed connection, however T1 lines or greater accounted for just 18%. 58% of employees are considered to be competent or skilled at using computers, up 5% from last year. Corporate cell phone and mobile device ownership continued to show an increase this year from 75% to 85%. Companies tended to own more mobile devices in 2008, from 49% in 2007 to 63%.

90% of Bermudan households own a computer, up from 87% in 2007. The vast majority (84%) of households access the internet, and consistent with last year’s results, out of those that have internet access 81% have a high speed internet connection (DSL, Cable or wireless). In 2008, 94% of Bermudan households own a cell phone and this year, residents owned a larger proportion of mobile devices such as BlackBerries, increasing from 16% in 2007 to 32%.

Regarding residents’ online habits, consistent with 2007, the most regularly used online activities include using search engines, looking for travel information, and researching products or services and online shopping.

Minister of Energy, Telecommunications and E-Commerce, Terry Lister said: “The study shows that in some areas, such as computer or cell phone ownership, we remain among the highest in the world and there has also been an improvement in the uptake of technology skills. However the learning curve regarding technology is constant and therefore a strong focus on the technology agenda must be maintained, in order for Bermuda to continue to emulate global best practices and remain competitive. Technology is a powerful instrument for personal, professional and economic empowerment. We must continue to ensure that no one in Bermuda is left behind as technology increasingly affects the lives of everyone, everywhere, everyday.”


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Click here to learn more or contact Peter Wiggins on +44 (0)1424 813852 or email him at peter@lowtax.net

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Could your corporate web-site or newsletter benefit from incorporating regularly updated news and content tailored to serve your clients' interests? We can provide a variety of maintenance-free news and content solutions that can be seamlessly integrated and dynamically delivered:

Customised, personalised 'own-brand' news services
Newsletter content and management
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Click here to learn more or contact Peter Wiggins on +44 (0)1424 813852 or email him at peter@lowtax.net

IMPORTANT NOTICE: THE LOWTAX NETWORK has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright THE LOWTAX NETWORK 1999 to 2010. Contact us for further information.