BTL Moves to Take Over Speednet in $80 Million DealBTL says its proposed takeover of Speednet is a bold investment in Belize’s digital future. At a board meeting this morning, BTL directors, with the backing of senior management, approved the proposed purchase of one hundred percent of Speednet Communications Limited’s issued share capital. The transaction, valued at eighty million dollars, remains subject to continued due diligence and further negotiations. A final Share Purchase Agreement would still need to return to the BTL board for review and approval before it is signed. BTL argues that the acquisition would reduce unnecessary duplication of telecom infrastructure and allow more investment in technology upgrades, rural connectivity, and service reliability.