After many years of delays and legal challenges, the 2016 Telecommunications Act was brought into force in October 2020 by the newly elected government of the People’s Party Progressive (PPP). The end of the 31-year monopoly held by the fixed-line incumbent Guyana Telephone and Telegraph (GTT) occurred just two months after the PPP took power from the APNU+AFC coalition, which had signed a non-binding agreement with GTT in 2019 to liberalise Guyana’s telecoms market but failed to take any concrete action to make it happen.
The Telecommunications Act sets out a framework for enabling competition across all segments of the telecommunications sector in Guyana. The mobile market has been open to competition since 2001, but only one operator, Digicel Guyana, has successfully launched competing GSM and 3G services. While Digicel quickly built a small lead in the mobile market, it remains a duopoly, and penetration levels are well below those of other countries in the region. The Telecommunications Act presents the country with the potential to benefit from a more level playing field that may attract new players, but nevertheless Guyana’s relatively small size and low GDP may restrict it from reaching its full potential for some more years to come.
This report includes the regulator's annual report (last published in 2018), the ITU's 2020 market data, operator data to Q2 2021, Telecom Maturity Index charts and analyses, an assessment of the global impact of Covid-19 on the telecoms sector, and other recent market developments.
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BuddeComm's strategic business reports contain a combination of both primary and secondary research statistics, analyses written by our senior analysts supported by a network of experts, industry contacts and researchers from around the world as well as our own scenario forecasts.
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