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#495985 - 09/23/14 05:37 AM Prime Minister announces cheaper internet rates
Marty Online   happy
The Prime Minister announced the signing of a statutory instrument making internet services zero-rated under General Sales Tax, allowing for cheaper sales.

BTL Bandwidth will soon be doubled for the same price.

He noted that unlike 2005 when the company was in turmoil, with workers on the streets and services expensive, not to mention the Ashcroft-Prosser ownership dispute, Belize now owns BTL, which is competitively competing with rivals SMART and services are now much cheaper.

Likewise, BEL has reduced rates to customers while acting effectively to maintain service.

Patrick Jones

#496011 - 09/24/14 06:03 AM Re: Prime Minister announces cheaper internet rates [Re: Marty]
Marty Online   happy

BTL Bandwidth Doubling Up

There will be lower rates from the state controlled utilities. First, the Prime Minister announced another doubling of internet bandwidth for BTL, as well as changing the tax regime for internet service providers..

Prime Minister Dean Barrow
"Now, under nationalization, there is vibrant competition in the sector; liberalization resulting in the complete opening up of VOIP and related services; and internet and general rates that are at their cheapest ever. And as this forward march continues it gives me great pleasure to announce that I have just signed a Statutory Instrument making internet services zero-rated, rather than exempt, for GST purposes. This will allow all internet service providers to charge even less; and in the case of BTL as of October 1 customers will begin to get double the bandwidth for the same price. Of course GOB takes a revenue loss in consequence. But it is well worth it as together with BTL we deepen all- important internet penetration in this nation."

And while that change goes into effect on October first - no date was given for when BEL will drop rates again - just that it is a likelihood:..

Prime Minister Dean Barrow
"BEL made profits of $18 million in 2013 while actually decreasing rates to consumers by 7.9%, and there is every likelihood of further rate reductions in 2015."

Channel 7

BTL to double Internet speed for same price

During an address at the 2012’s Business forum, the Prime Minister announced that BTL’s internet cost for 128K speed would go from $49 to $25 per month. At the time, the cost of DSL Internet speeds were also doubled for the same price that meant that 1 megabit which sold for $300 was reduced to $140 per month. 2 megabits went from $500, to $240. That announcement was in November of 2012. Two months shy of two years, the Prime Minister, during his Independence Day address made the announcement that BTL would once again be doubling its speeds for the same price.

PM Barrow stated that as of October 1, the doubling of bandwith for the same price will commence. He noted that the government has also signed a statutory instrument which will make internet services zero-rated rather than exempt from GST. “This will allow all internet service providers to charge even less,” said the Prime Minister. He continued, “Of course GOB takes a revenue loss in consequence. But it is well worth it as together with BTL we deepen all important internet penetration in this nation.”

While that is the good news for those using internet services Prime Minister Barrow also noted that the other utility company which government nationalized is also doing extremely well. He stated that “dividends, frozen before the takeover, are now being paid. And SSB in particular, which had earlier invested the people’s money in BEL shares, is happy to be finally seeing returns. The company made profits of $18 million in 2013 while actually decreasing rates to consumers by 7.9%, and there is every likelihood of further rate reductions in 2015”.

The Guardian

#496132 - 09/27/14 06:04 AM Re: Prime Minister announces cheaper internet rates [Re: Marty]
Marty Online   happy

New Internet Rates/Speeds Take Effect In October

Last night we told you about the new doubled up internet speeds from BTL. This was outlined in a more official way at last night's annual general meeting. Here's the new schedule:..

Nestor Vasquez, Chairman - BTL
"The 256KB that is now selling for $56.00 will be $25.00. The 128KB will no longer be available. The 512KB is $56.00. The 1MB is now $88.00. We are doubling up the speed."

BTL Will Leverage Bandwidth

And while you'll be getting faster speeds, BTL will also be changing the way they do business with wholesale internet providers. Anwar Barrow explained:..

Anwar Barrow, Chairman - BTL Executive Committee
"So if you are an entrepreneur, you want to come in and access BTL service and you have a solid game plan, business plan, come in, we are open to you. We want you to leverage our network."

Why Does Belize Lag Behind Other Countries In Bandwidth

And while BTL is ready to work with wholesalers, we asked when will Belize's status on bandwidth surveys get a wholesale upgrade? As we've been reporting, every single survey of Caribbean Bandwidth puts Belize very near the bottom. The most recent survey placed this country 174th out of 192 countries worldwide. Here's what Barrow said:..

Anwar Barrow, Chairman - BTL Executive Committee
"I have seen it but I haven't drilled down into it, so really I can't speak concretely to it but what I can say is that we are moving forward. We are moving the internet penetration rate forward, we hope to double it in the next 2 years and so there are a lot of great things to come and an entire transformation of what the internet is in Belize and who has access to the internet."

Channel 7


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