Bermuda Infrastructure Panel

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Bermuda Infrastructure Panel
Why Bermuda?

• William Francis - Ministry of Energy
  Telecommunications and E-Commerce
• Linda Smith Ascendant Group Limited - MODERATOR
• Sheila Lines - KeyTech Limited
• John Kyle - Gateway Systems Limited

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Where Bermuda?

• Island in Mid-Atlantic (most northerly coral
  atoll in the world)
• 21 Square Miles
• 640 Miles from coast of North Carolina
• Atlantic Time Zone GMT -4
• Largest British Overseas Territory
• Semi Tropical climate
• 68,000 people

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Our Home

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gateway Cities
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The island
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Why Bermuda?
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St. Georges, Bermuda
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Hamilton, Bermuda
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Hamilton, Bermuda - Then and Now
1911
2007
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William Francis Permanent Secretary
Ministry of Energy, Telecommunications and
E-Commerce Government of Bermuda
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Bermudas E-readiness Recognized

• Bermuda has continued to rank in the top 21
  countries in the world for e-readiness in the
  last 4 years, by the Economist Intelligence
  Units, annual Global e-Readiness survey.
• In this 2009 study, Bermuda has also consistently
  remained in the top 12 countries globally in the
  category of Legal Environment which relates to
  Internet Policy and Legislation.
• This years findings also ranked Bermuda ahead of
  Japan overall.

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ICT Related Legislation- Electronic Transactions
Act

• Review of the Electronic Transactions Act (ETA)
• Bermuda was one of the first jurisdictions in the
  world to enact E-Commerce legislation, which was
  then served as a model for other countries.
• The present review is being undertaken to ensure
  that it till meets stakeholder needs and best
  practices, given the ETA is now 10 years old and
  the international technology landscape has
  changed.
• Bermuda is one of a few small jurisdictions that
  has legislation protecting children from internet
  luring and other instances of online
  victimization.

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ICT Related Legislation-Privacy

• A Working Party is currently reviewing draft
  privacy legislation
• The model is unique but is based on
  well-established principles
• Particular attention has been made to balancing
  the needs of business to the requirement to
  protect individuals information

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Telecommunications Regulatory Reform - Drivers

• Technological Convergence
• Current license structure impedes technological
  convergence.
• REMEDY
• Technology and service neutral Communications
  Licenses (CL)
• Transition to CL requires changes with respect to
  FDI rules, dominance regulation, and regulatory
  and license fees.
• Regulatory Structure
• Current process lacks transparency,
  predictability, and accountability.
• Worldwide trend to have regulatory authority in
  an autonomous Commission
• REMEDY
• Create independent Regulatory Authority.
• Separate regulatory function from policy making
  role.
• Judiciary to rule on appeals.

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Telecommunications Regulatory Reform Target
Outcomes

• Robust and transparent regulatory framework
• Based on international best practice,
• Modified to accommodate Bermuda
• Increased likelihood of sustainable facility
  based competition
• Rapid introduction of new services
• Competitive prices
• Level playing field
• Improve resilience and reliability of
  infrastructure
• Licensees achieve economies of scope

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Linda Smith Senior Vice-President Cor
porate Relations
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Electricity Generation Facilities
BELCO 170 Megawatts Diesel and Gas Turbine
Plant Tynes Bay Waste Treatment Facility 3.2
Megawatts Steam Plant
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7 shipments per year ( 1 shipment every 2
months) 1.02 million barrels
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Comparison of Bermuda Prices
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Electricity Transmission - Cables
Transmission network is the highway for
electricity delivery 99.9 underground
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Electricity Distribution Overview
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Electricity Infrastructure Model
Distribution
Substations
Residential
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Small Scale Renewable Energy (SSRE)
Micro Wind Turbine
PV and Solar Thermal Arrays

• Sustainable Cottage Solution (Beta Site in
  Warwick) completed October 07.
• Photovoltaic (PV)
• Solar Thermal
• Micro-Wind Turbine

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The New Energy Equation
Waste-to-Energy
Transmission
Distribution
Substations
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Sheila Lines, CEO KeyTech
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Brief history

• Late 19th Century
• Domestic Services Bermuda Telephone Company
  Limited and
• International services Cable Wireless Limited
• 1980s Cable TV network
• 1990s Deregulation - Build-out of competitive
  infrastructure

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Current Infrastructure

• Two domestic fixed line networks, island wide
  coverage
• Third fixed line network serving Hamilton
• Three cellular networks 3G and 2G
• Fixed wireless networks two data, one
  entertainment
• Three submarine cable systems
• Further submarine cable system in progress
• Extensive cellular roaming agreements
• Multiple co-location facilities

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Competition and Service

• Multiple experienced competitive carriers
• Relationships with International carriers
• Extensive IT consulting and equipment suppliers
• Cost
• Service levels
• Resilience

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Future developments

• Increased data speeds wire-line and wireless
• Internet Protocol technology
• Additional resilience
• Move from facilities based competition
• New industry partnerships
• Bundled services

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John Kyle President CEO
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Bermuda
Innovation
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Bermuda Water collection
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Bermuda Water Lens
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Bermudan Rig
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Bermuda Captive Insurance
Captive ManagerFrederic M. Reiss created the
first captive management company, International
Risk Management Limited (IRML), in Bermuda in
1962 to provide the administration of his
client's captives. Most captive management is
usually outsourced to a captive manager located
in the jurisdiction that holds the primary
license for the captive. The two largest captive
insurance company managers in the world are
units of Marsh McLennan Companies and Aon
Corporation -- the two largest commercial
insurance company brokerages in the world. Each
manages more than 1,000 captive insurers.
Bermuda also developed Rent-a-Captive
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Bermuda Information and Network

• Multiple cable systems to the island giving full
  redundancy and
• Multiple access network choices on-island

Repairing a broken cable today
1858 1865
1866
Atlantic Cable
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Bermuda Technology

• In 2007 ICT contributed 249.6 million to Bermuda
  GDP
• ICT employs gt 962 people on the island (nearly 1
  of the workforce)
• Full array of ICT services and suppliers
  including CDMA, GSM, 3G, and WiMAX availability.
• Viable industry that it its own right offers
  investment opportunities
• And as you have heard already one of the first to
  adopt Electronic Transactions Act that positioned
  and this positioned the island business well as
  an offshore centre for business

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Bermudas E-Readiness Recognized

• Bermuda has continued to rank in the top 21
  countries in the world for e-readiness in the
  last 4 years, by the Economist (EIU)
• In this 2009 study, Bermuda was ranked ahead of
  Japan.
• Bermuda IT is hosting a bi-annual global ICT
  event with WITSA (World Information Technology
  and Services Alliance), the Global Public Policy
  Summit in November 2009.

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Service Providers

• Multiplicity of established service providers
• Legal firms
• Accountancy firms
• Human Resources and Recruitment Services
• Fund Managers
• Captive Insurance Managers
• Communications providers with redundant links and
  Disaster Recovery sites
• Technology partners with fully capable expertise
  located on the island and with established
  connections to global vendors

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The Bermuda Triangle
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Yes there is one!
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Questions