The Utilities Regulation and Competition Authority's (URCA) chairman has described Internet penetration in the Bahamas as "a major challenge", noting that broadband subscriber numbers per 100 persons fell by 22.1 per cent between 2009 and 2010.
Noting that the decline in broadband Internet penetration indicated that Bahamians were not fully exploiting information and communications technology (ICT) opportunities, a sector seen by many countries as a vital to economic growth, Wayne Aranha said progress on online access would aid the development of industries such as e-commerce, tele-medicine and e-banking.
The former PricewaterhouseCoopers (PwC) partner and accountant, writing in URCA's 2012 report, said: "A major challenge for the Bahamas is to get more people online, particularly given that penetration decreased between 2009 and 2010.