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Monopoly Fears Surround Speednet Acquisition
['Brianna Bennett']
Greater Belize Media
Monopoly Fears Surround Speednet AcquisitionOne of the biggest questions hanging over the proposed BTL/Speednet consolidation is whether it would create a telecom monopoly in Belize.
According to Lizarraga, other companies could still enter the market and provide telephone services using BTL’s network.
He also argues that when it comes to internet service, Belizeans already have options beyond BTL and Speednet.
Markhelm Lizarraga, Chairman, BTL“We are not going to be a monopoly because the law provides for what is called an MVLO.
That basically means that you Paul want to open a telephone service for company Paul, you can come to BTL.