{"id":19771,"date":"2013-05-17T09:04:34","date_gmt":"2013-05-17T14:04:34","guid":{"rendered":"http:\/\/www.ict-pulse.com\/?p=19771"},"modified":"2017-06-20T21:14:02","modified_gmt":"2017-06-21T02:14:02","slug":"snapshot-internet-speeds-pricing-update-2013","status":"publish","type":"post","link":"https:\/\/ict-pulse.com\/2013\/05\/snapshot-internet-speeds-pricing-update-2013\/","title":{"rendered":"Snapshot: Internet speeds and pricing update 2013"},"content":{"rendered":"

A 2013 update of Internet speeds and pricing across the English-speaking Caribbean, and the extent to which they have changed since 2012.<\/em><\/p>\n

 <\/p>\n

Over the last two years, but most recently in May 2012<\/a>, we provided a snapshot of Internet speeds and pricing across the English-speaking Caribbean. In this post and one year later, we are updating our findings, and discussing the changes that have occurred since our last review.<\/p>\n

Methodology<\/h3>\n

Data for this review was collected from the websites of widely used Internet Service Providers (ISPs) in the countries covered. To the extent possible, two ISPs were examined in each country (Table 1), and the exercise focussed on non-dialup Internet services and to service plans for domestic\/residential customers.<\/p>\n

\"Table<\/a>

Table 1: ISPs surveyed for 2013 Internet spend snapshot (Source: ICT Pulse)<\/p><\/div>\n

The offerings from the ISPs varied drastically in respect of transmission speeds, hence the exercise was limited to identifying (per country):<\/p>\n

    \n
  1. the lowest advertised download speed and the corresponding lowest monthly rate<\/li>\n
  2. the highest advertised download speed and the corresponding lowest monthly rate<\/li>\n
  3. the monthly rate for a plan with an advertised download speed of 2 Mbps, and<\/li>\n
  4. the highest download speed plan that can be purchased for no more than USD\u00a060.00 per month.<\/li>\n<\/ol>\n

    Under International Telecommunications Union standards, between 1.5 and 2 Mbps is considered the threshold speed for classifying an Internet service as broadband. Hence 2 Mbps has been used as a baseline reference to compare rates across the countries under review.<\/p>\n

    Finally, it is emphasised that the review focused on the monthly rates payable for specified Internet plans only. The exercise has excluded initial subscription and activation fees, as well as any additional monthly charges that might be applicable. The rates were converted to United States Dollars (USD) when required, based on current commercial exchange rates. Applicable taxes, such as Value Added Tax (VAT) or General Consumption Tax (GST), have also been included.<\/p>\n

    What are the May 2013 results?<\/h3>\n

    Table 2 below highlights the minimum and maximum advertised download speeds available in the countries under review, and the corresponding best rates offered for those packages. In half of the countries surveyed, the lowest download speeds offered is 1 Mbps, however, Belize, Dominica, Guyana and Trinidad & Tobago and Turks and Caicos Islands have Internet packages with download speeds as low as 128 kbps. Over 80% of the countries offer broadband packages with a maximum advertised download speed of at least 8 Mbps. However, it is only in Barbados, Jamaica and Trinidad and Tobago, that customers can purchase Internet plans with advertised download speeds of up 100\u00a0Mbps, and is followed by the Bahamas where a plan of up to 50\u00a0Mbps is available.<\/p>\n

    \"Table<\/a>

    Table 2: Lowest and highest advertised download speeds and the corresponding best rates in select Caribbean countries as at May 2013 (Source: ISP websites)<\/p><\/div>\n

    With regard to the best price for a broadband Internet plan with an advertised download speed of 2\u00a0Mbps, and with the exception of Belize and Guyana, the monthly subscription is under USD\u00a0100.00, as shown in Figure 1. In Belize, the best rate appears to be USD\u00a0118.82, whilst in Guyana, the ISPs included in this exercise have not published pricing for a 2Mbps plan \u2013 the fastest plan is 1 Mbps. On the other hand, the lowest advertised price is USD\u00a027.98 in Jamaica, whilst the highest is USD\u00a090.24 in the Cayman Islands. The average price across the region for a 2\u00a0Mbps Internet plan, excluding Guyana only, is USD\u00a055.40.<\/p>\n

    \"Figure<\/a>

    Figure 1: Monthly rates payable for an Internet plan with an advertised download speed of 2 Mbps for select Caribbean countries as of May 2013 (Source: ISP websites)<\/p><\/div>\n

    If a customer is prepared to pay around USD\u00a060.00 per month for Internet service, the best value for money would be found in Barbados, where a plan with an advertised download speed of 25\u00a0Mbps would cost USD\u00a050.00, as shown in Figure 2. On the other end of the spectrum are the British Virgin Islands and the Cayman Islands, where based on the information available online, there is no Internet service plan for under USD\u00a060.00. They are followed by Belize, which offers a 512\u00a0kbps plan for USD\u00a043.57 and Antigua and Barbuda, which offers a 1\u00a0Mbps plan at USD\u00a054.60.<\/p>\n

    \"Figure<\/a>

    Figure 2: Best Internet plan by advertised download speed for under USD 60.00 in select Caribbean countries (Source: ISP websites)<\/p><\/div>\n

    How do these results compare with our 2012 results?<\/h3>\n

    Over the past year, there have been some significant changes in the Internet pricing across the Caribbean, as reflected in Figure 3, which shows the difference in pricings between May 2012 and May 2013 for an Internet plan with an advertised download speed of 2 Mbps.\u00a0 The change in pricing ranged from an increase of +15% in Dominica and Saint Lucia, to a decrease of almost -57% in Barbados. Additionally, since May 2012, taking the average across all the countries surveyed (but excluding Guyana), the price for a 2\u00a0Mbps plan dropped by almost USD\u00a010.00, to USD\u00a055.40.<\/p>\n

    \"Figure<\/a>

    Figure 3: Percentage change in monthly rates between May 2012 and May 2013 for an Internet plan with an advertised download speed of 2 Mbps in select Caribbean countries (Source: ICT Pulse)<\/p><\/div>\n

    With regard to the most dramatic changes that occurred in Internet broadband pricing since May 2012, the following reasons have been attributed:<\/p>\n