The proposed changes in SB71 involve key amendments that could significantly affect how telecommunications are regulated in New Mexico. By modifying the existing laws, the Public Regulation Commission (PRC) will be required to report on the steps taken to achieve regulatory parity and evaluate the impact of these changes on both residential and business consumers. The bill mandates periodic reviews of the telecommunications infrastructure and service quality, which could lead to improved service availability and coverage, especially in underserved areas.
Summary
Senate Bill 71 aims to amend sections of the New Mexico Telecommunications Act to establish regulatory parity among incumbent local exchange carriers and rural exchange carriers. The bill emphasizes the establishment of effective competition in telecommunication services by requiring that two or more carriers provide similar voice services to a wire center serving area. This change is intended to enhance competitive practices and improve service offerings across the state, ensuring that consumers can benefit from lower rates and improved service quality.
Contention
However, the bill has faced some contention among stakeholders. Supporters argue that the increased competition will lead to better consumer choices and drive innovation within the telecommunications sector. Conversely, opponents are concerned that deregulation aspects may create loopholes that could undermine consumer protections. They fear that rushes to cut costs among providers might lead to compromised service quality or accessibility for rural residents, who already face challenges in obtaining reliable telecommunications services.