By Belize Live News Staff: One day after Cabinet killed the acquisition, Speednet told the country what it thinks, and what it knew all along.
The revelation comes first. In its Thursday release, Speednet discloses that BTL came shopping not once but twice: an approach in 2022 that BTL itself abandoned after reading public sentiment, then the mid-2025 offer that produced this year’s saga. In other words, the public has now rejected this deal twice, and Speednet says it saw the second rejection coming early enough to plan for a future as a competitor, not a subsidiary.
That future, by Speednet’s account, looks very different from the past. The company claims Wednesday’s Cabinet decision brings mandatory changes for BTL: public tendering for all government telecoms contracts, a PUC declaration of BTL’s market dominance with enforceable rules to level the field, and required sharing of infrastructure with competitors at cost. Speednet has long contended the field tilted BTL’s way after government took ownership in 2009, and its release does not hide the satisfaction of a company that believes the referee finally showed up. Government’s own statement will confirm how much of that account holds.
The thank-you list tells the story of the past two weeks: the Chamber, the unions, the media and civil society, the same wall that stood from the board vote to the Cabinet reversal.
And the closing pledge is the part every customer should hold them to: heavy investment in state-of-the-art technology, the best and latest services, at affordable prices.
The monopoly is off. The competition is on. Belize, hold both companies to their word.
