National Trade Union Congress Reaffirms Opposition to Speednet Buyout

And the Chamber isn't the only major group taking a stand against the deal.

The National Trade Union Congress of Belize is also reiterating its firm opposition to BTL's buyout of Speednet. Union leaders say that despite a previously announced government pause, key concerns regarding legality, valuation independence, and worker protections remain completely unanswered. In a written response to a letter last week from the union umbrella group, BTL Chairman Markhelm Lizarraga pushed back, asserting that stakeholder consultations were held and due diligence was independently verified. Lizarraga added that responsibility now rests with the Public Utilities Commission, and BTL will abide by the regulator's final decision.