In a striking commentary on January 12, 2026, prominent media executive Louis Wade, owner of Plus TV, voiced substantial concerns regarding Belize Telemedia Limited’s (BTL) prospective acquisition of Smart. While explicitly affirming his support for the sellers’ prerogative to divest their private enterprise, Wade directed pointed criticism toward the prospective buyer. He characterized BTL as a historically monopolistic entity with a demonstrable record of poor stewardship within the open marketplace of ideas. Wade’s critique traversed BTL’s entire operational history, referencing its phases under government ownership, the controversial ‘golden share’ era, and its current structure, which he describes as a ‘government-owned private entity.’ He contends this blurred ownership model means it fundamentally remains a public instrument, thereby posing a significant threat to principles of fair competition and market transparency. This perspective adds a critical voice to a story receiving extensive coverage from outlets like Greater Belize Media, which has been reporting on the negotiations by incorporating viewpoints from the broader business community, independent senators, and trade unions.
