Centaur Communications Corp. Ltd has formally withdrawn from acquisition negotiations with Belize Telemedia Limited (BTL), concluding nearly a decade of intermittent discussions. The company announced its decision on January 12, 2026, citing significant external factors that ultimately overshadowed the transaction’s commercial merits.
In an official public statement, Centaur revealed that dialogue regarding a potential acquisition commenced in 2017 under previous leadership structures and continued through subsequent administrative changes. Despite acknowledging the strategic and financial benefits of the proposed merger, the company identified mounting political and reputational considerations that compelled termination of negotiations.
‘From a commercial and strategic standpoint, Centaur remains confident that the proposed transaction presented clear mutual financial and operational merits,’ the company stated. However, it emphasized that ‘broader external considerations’ necessitated discontinuing discussions at this time.
The telecommunications provider highlighted its substantial infrastructure assets, including a comprehensive fibre-optic network extending from the Mexican border to Belize City. The company currently delivers broadband coverage to over 90% of Northern Belize’s towns and communities, with internet and related services now constituting more than 90% of total revenue.
Centaur expressed appreciation for BTL’s interest and the professional nature of negotiations throughout the evaluation process. The decision underscores how external market forces and political climates can influence corporate consolidation attempts even when transactions demonstrate clear business logic.