Broadband prices should be 11% lower, watchdog says

Image source, PA Media

Image caption, Broadband prices should be 11% lower, Guernsey watchdog says

The island's competition watchdog has suggested broadband prices should be lowered by 11%.

The Guernsey Competition and Regulatory Authority (GCRA) said it believed lower prices would give users better value for money whilst still allowing providers to make a profit.

The GCRA is the telecommunications regulator for the island ensuring services provided are "priced reasonably".

Chief executive Michael Byrne said a number of different factors were involved in the pricing of broadband.

He said: "One of our roles as a utility regulator is to make sure the price is a fair value for money, quality of services is decent, that those who invest, the capital investment required, getting a reasonable return and competition is protected."

The proposal has been put out for consultation, and the GCRA said it expected to finalise its decision "by the autumn".

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