(1) The privatization of Guam Telephone Authority (>GTA=) requires that I Liheslatura (the Legislature) establish an appropriate regulatory environment for a non- governmental successor to GTA, which shall be known herein as >New GTA= or >NGTA.=

(2) It is in the public interest to provide the people of Guam with modern, innovative, accessible, and affordable telecommunications services and products.

(3) A new regulatory environment conducive to competition will promote the development of modern, innovative, accessible, and affordable telecommunications services and products for the people of Guam.

(4) Investment in telecommunications infrastructure encouraged through competition will further economic growth in Guam and meet the growing demands of Guam=s consumers.

(5) Universally available and affordable basic telecommunications services are essential to the health, welfare and prosperity of the people of Guam.
(b) Consistent with I Liheslatura=s (the Legislature=s)
findings, it is the intent of this Act to:TELECOMMUNICATIONS ACT OF 2004

(1) Provide an appropriate regulatory environment for
New GTA.

(2) Provide the people of Guam with modern, innovative, accessible, and affordable telecommunications services and create a regulatory environment conducive to the promotion of competition in telecommunications services.

(3) Encourage the entry of new providers of telecommunications services, encourage the introduction of new telecommunications services and products for the consumers of Guam, and increase investment in telecommunications infrastructure in Guam.

(4) Protect the consumers of Guam during the transition to a competitive telecommunications market and ensure that every person in Guam has access to basic telecommunications services at reasonable and affordable prices.

(5) Create a new regulatory and competitive telecommunications framework consistent with federal policies and practices in telecommunications, including the policies and practices found in the Communications Act of
1934, as amended by the Telecommunications Act of 1996.

SOURCE: Added by P.L. 27-110:10 (Nov. 1, 2004).