AGP Executive Report
Last update: an hour agoTelecom Upgrade: Starlink has been granted a 15-year telecommunications licence in the Turks & Caicos Islands, with an initial fee of about $112,600 plus annual payments tied to gross revenues and spectrum use; the TCI Telecommunications Commission says Starlink is independent of Flow and Digicel for regular satellite service, while Direct-to-Cellular will require partnerships with local providers. Energy Policy Watch: The People’s Democratic Movement says Pelican Energy has applied for a 50-year electricity licence starting in Grand Turk, warning the territory could be locked in for two generations and calling for full disclosure, independent assessments, public consultation, and clear consumer protections. Local Trade Push: Government is launching the inaugural Grand Turk Trade Expo (Nov. 14) alongside the fifth Made in TCI exhibition, aiming to spotlight Grand Turk entrepreneurs and drive direct consumer connections. Business & Payments: CIBC Caribbean will transition GBP correspondent banking services from Barclays to Lloyds for clients in St. Kitts, St. Lucia and Turks & Caicos starting Sept. 14. Transport & Growth: A TCI businessman is urging more road routes ahead of school reopening, warning Providenciales traffic is not keeping pace with population and tourism growth.
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