Marpin’s 40 percent price increase will not apply to customers on the East Coast, Chief Financial Officer Calvin Patrick has said.
Patrick told a recent radio broadcast that Marpin2k4’s service on that side of the island is not 100 percent complete.
“The rest of the engineering (the work that has to be done) to bring those customers on the East Coast up to ‘two-way transmission’ is still in progress. When that is done the price will be in effect on the East Coast,” Patrick explained.
He was at the time addressing questions from the public with regarding Marpin2k4’s decision to hike its prices.
The CFO did not provide a time line as to when orks will be completed.