Investing in the Sector Issues/Opportunities Caribbean Internet Forum Pinkley Francis Country Manager Antilles Crossing

Who is Antilles Crossing? Antilles Crossing is a state-of-the-art submarine fiber optic network from Needham's Point, Barbados through St. Lucia and on to St. Croix in the U.S. Virgin Islands. From there we connect to international gateways in Miami and New York City. Our wholly-owned submarine fiber optic network delivers high capacity, high performance telecommunications services to the Eastern Caribbean. We offer IRU and lease arrangements to carriers and businesses needing connectivity between Barbados, St. Lucia, St. Vincent, Martinique, Trinidad & Tobago and North America.

Current Situation Different Regulatory Regime – Harmonization necessary –ECTEL (Eastern Caribbean) –OUR (Jamaica) –TATT (Trinidad & Tobago) –FTC / CTO (Barbados) Cable & Wireless the incumbent regionally Varying levels of telecommunication liberalization regionally Mature competition in Cellular Growing demand for Broadband services Stable Political environment No shortage of Bandwidth at the landing sites.

Market Potential How BIG? Trinidad & Jamaica being the largest territories Justify investment What are the Services/Applications? What Sectors will be served? –Service Providers –International Business Companies / Call Centers / etc –Multinational and Large Regional & Local Enterprises –Government Competition -

Regulations/Challenges Small Individual Markets Pricing implications Legislations Different regulatory regime may hinder growth How effective are the Regulators? –Interconnection –Local Loop Unbundling –Infrastructure Sharing Available Workforce and skill sets? Taxation Labour Laws - different in each Territory CSME –The Impact of the CARICOM Single Market & Economy Available funding

Thank You Pinkley Francis Tel: (758) Fax: (758)