- January 8, 2026
- Posted by: BCCI
- Category: News & Press Releases
CHAMBER STATEMENT ON SAFEGUARDING COMPETITION AMID
TELECOMMUNICATIONS MARKET SPECULATION
Belize City, Belize – Thursday, January 8th – The Belize Chamber of Commerce and Industry (BCCI) recognizes that discussions regarding the potential acquisition of Speednet/SMART by Belize Telemedia Limited (BTL) represent a matter of profound national significance. This transaction would fundamentally reshape Belize’s telecommunications landscape, with lasting implications for consumer welfare, business competitiveness, the stewardship of public funds, and the overall health of our digital economy.
After careful review of the available information and historical context, the BCCI wishes to articulate a position of serious and substantive concern. We acknowledge the theoretical arguments for consolidation in a small market, including potential efficiencies and enhanced investment capacity. However, the current legal framework and lack of critical safeguards render support for this transaction premature and potentially harmful to the national interest.
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