<\/a>Figure 2: Percentage change in the monthly spends between May 2011 and May 2012 in select Caribbean countries (Source ICT Pulse)<\/p><\/div>\n
On the other hand, it is only for two countries that decreases in monthly spend was recorded\u2013 Belize, where spend dropped by 2.3% across all baskets of services, and Trinidad and Tobago, where the change ranged from 2.6% for a LV basket, to 3.7% for a HV basket of service. Across the sample group there was a net decrease in spend ranging between 3.2% and 3.6% across all baskets of services.<\/p>\n
Final remarks<\/h3>\n
In examining monthly spend, as opposed to comparing the individual rates payable for calling and messaging services in each country, and across the three main time bands (day, evenings and weekends), we are able to provide a more comprehensive picture of changes that are occurring in mobile\/cellular markets. As reflected in the previous section, the percentage changes in spend from May 2011 to May 2012 for the most part have been small. However, the impact of those changes might not be readily apparent when dealing with smaller figures. For example a 10% increase in a calling rate of $0.10, is $0.11, which might easily be overlooked. However, the same 10% increase in the amount spent per month, say $50.00, is $55.00, which adds an extra $60 per year to your bill!<\/p>\n
Finally, it is important to highlight that the percentage change in monthly spend that has occurred between May 2011 and May 2012, generally reflects commensurate changes in the average monthly rates in the respective countries. Although there might be some expectation that changes in currency exchange rates \u2013 to convert all figures to USD \u2013 would have an impact on the final figures presented, exchange rates with in the Caribbean have remained relatively stable since May 2011, thus having minimal to no effect on this exercise.<\/p>\n
____________<\/p>\n","protected":false},"excerpt":{"rendered":"
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