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Jun 3, 2022

B.T.L. Acquires Alternative Networks Ltd.; Look Out for Bundled Services in One

The country’s largest telecommunications company, B.T.L. has announced its acquisition of Alternative Networks Limited (A.N.L.), which will form part of the B.T.L. Group and propel the company into becoming the country’s first Quad Play Service provider. To the technologically-savvy, that’s delightful news, but to people who come from an analog background, that’s foreign language. News Five reached out to B.T.L. Chairman, Mark Lizarraga, who indicated that over a hundred million dollars have been invested in fiber optics and only a fraction of the company’s infrastructural resources is being used. So, to keep up in the competitive world where other providers are moving in a similar direction, B.T.L. has acquired A.N.L. in Benque, which it feels will place them in that competitive space. Lizarraga said the company is merely bundling all the services into one, to allow for greater convenience of having television, internet and telecoms services from one provider, and their hope is that they will be customers’ choice. Packages and prices have not yet been worked out.

Shyne Barrow

Shyne Barrow, Leader of the Opposition

“There are concerns that the owner is politically affiliated, that is one – the person is known as a big supporter of the People’s United Party, but two, on the face of it, it makes no sense. My understanding is the content that is being streamed is being pirated, so that is one concern. The second concern is that B.T.L. could get the same streams directly without going through a middle person. The other concern is that cable is becoming obsolete. Why would you invest in a dying industry? Cable is like a dinosaur. You get everything online and B.T.L. doesn’t need someone to contract that for them. They could do it themselves. So six million dollars – complete wastage. If you take the potential of corruption out of it, they didn’t need to spend six million to acquire this company.”

 


Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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