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BTL reports uptick in revenue

Posted: Thursday, May 12, 2016. 8:18 pm CST.

Posted: Thursday, May 12, 2016. 8:19 p.m. CST

BTL LOGOBy Aaron Humes: Belize Telemedia Limited’s chair of the executive committee Anwar Barrow and other executives of the state-owned company yesterday afternoon briefed the media on its preliminary earnings for this year. Those have reached 1 hundred 57 million dollars, up 13.8 million from last year.

Barrow also reported that its mobile customer base grew by more than 25 thousand active subscribers. He added though that the company still faces significant competitive pressure from Smart and from mobile and internet applications that provide voice and messaging for free.

Meanwhile, BTL’s director of sales and marketing, Marlon Jones, answered suggestions of lack of competitivity for products in the region, saying that BTL can compete with any company of its size but not necessarily with the U.S. giants like AT&T, Sprint and Verizon.

The company’s recently announced mobile LTE project remains on schedule for December 2016.

Barrow also refuted reports that he will leave the company because he had demanded an exorbitant salary which was not granted.

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