Bahrain's Telecommunications Regulatory Authority (TRA) is developing its own costing and pricing model for telecom services, revealed TRA senior analyst Thomas Hain during a seminar.

Senior TRA officials including general director Mohamed Bubshait, as well as specialists from Batelco, Zain, Viva, Etisalcom, Kalaam, United Links, Elephant Talk, nue-tel, and the Bahrain Internet Exchange took part in the seminar that focused on Long Run Incremental Cost (LRIC).

British consultancy BWCS' telecom expert Peter Cartwright said bottom-up LRIC models are used to establish efficient costs in telecoms price regulation.

"The global economy is transitioning into a knowledge economy as an extension of the information society," Inception Consultancy managing director Ahmed Al Sari said.

"Telecommunications is a means to access information and it is important for all stakeholders to be a part of the discussion."

The seminar, organised by Inception Consultancy, was held over two days at the Movenpick Hotel.-TradeArabia News Service