Business Bureau Endorses Acquisition

And, with more on the proposed acquisition…The Belize Business bureau - they may be just a shell organization whose main purpose is to advance pro government positions - but this morning they came out swinging in support of the Speednet acquisition.

A release praises the economics of acquisition and calls it a quote, "sound economic business proposal."

They close with a resounding endorsement of a monopoly marketplace, saying, quote, "Competition destroys profits. Both SMART and BTL whittled down their incomes from roaming and other income streams fighting each other to the bottom." End quote.

BBB's president, Arturo Lizarraga sits on the Social Security board of directors.