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Belize plans to review buying its telecom company, ensuring transparency and consumer protection.
The Belizean government is set to brief Cabinet on a proposed acquisition of Belize Telemedia Limited, with Prime Minister Johnny Briceño emphasizing that decisions will be based on facts, national interest, and regulatory oversight.
Stakeholder consultations are ongoing with groups like the Chamber of Commerce and Social Security, and the Public Utilities Commission will enforce a 12-month rate freeze regardless of consolidation.
While monopolies aren’t banned, the PUC regulates pricing and service quality to prevent abuse of market power.
Officials stress that no legal changes are pending, and final decisions will follow proper procedures, ensuring transparency and consumer protection.
Belize planea revisar la compra de su compañía de telecomunicaciones, asegurando la transparencia y la protección del consumidor.