In a significant development for Belize’s telecommunications sector and national economy, the Social Security Board (SSB) has postponed its decisive vote on Belize Telecommunications Limited’s (BTL) proposed acquisition of Speednet. The much-anticipated meeting, which was strategically moved from Belize City to Belmopan on February 5, 2026, to circumvent potential protests by United Democratic Party (UDP) supporters, concluded without a resolution. Board directors conducted a comprehensive review of the preliminary transaction details, paying particular attention to the potential ramifications for the social security fund and broader economic implications. Following extensive deliberations, the board determined that insufficient information was available to reach an informed decision. Officials emphasized that the deferral signifies no approval has been granted at this juncture, with the board requesting additional documentation and analysis before reconsidering the multimillion-dollar telecommunications merger that has generated substantial concern among workers and social security contributors nationwide.