17 Competition The Government will seek to increase competition in the sector. To the extent that spectrum is available, LCA will license additional market participants. The regulatory changes proposed above should facilitate new entry, by reducing both transmission cost and regulatory uncertainty. LCA will also consider the role of satellite-based services in promoting competition. This may include fostering a Lesotho-based satellite consortium, or cooperation with a satellite-based multichannel video service provider in a neighboring country. Convergence The Government will seek to promote the deployment of IP-based content services, such as Internet radio and IP television (IPTV). These IP-based services are a relatively low-cost means for broadcasters to increase their audience, both domestically and internationally, and enable subscribers to access content, both domestic and international. In particular, the Government will encourage broadcasters to make their content available over the Internet, including coverage of public events of national significance, and will also encourage consumers to access that content over the Internet. Because of the international nature of Internet content, the Government will not impose content regulations on content transmitted over the Internet. However, over-the-air content that is simultaneously broadcast over the Internet will remain subject to the over-the-air content regulations. 3.2.3 Postal The postal sector has not developed adequately in recent years. The Lesotho Post Office (LPO) is run as a part of the Ministry of Communications, Science and Technology pursuant to the Post Office Act of 1979. The LPO has recently experienced declining volumes and service revenues. Few new services have been introduced, and service quality remains inadequate In order to facilitate the development of the postal sector, the Government will reform the sector in a manner that is consistent with the recommendations contained in the Integrated Postal Reform and Development Plan proposed by the Universal Postal Union (UPU) in June 2006. Regulatory Reform The regulatory reform will involve corporatization of the Lesotho Post Office and provide for its regulation. • Corporatization of the Lesotho Post Office. The Government will transform the LPO from a state agency into an independent corporation. While the corporation will be fully owned by the government, the LPO will be required to operate like a commercial entity. Prior to corporatization, the LPO will be required to develop, and obtain Government approval of, a