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Oct 15, 2010

Telemedia’s new accommodation agreement

Dean barrow

The Prime Minister also announced his own accommodation agreement for Telemedia. For starters, business tax will be reverted to nineteen percent from twenty-four point five percent, the fifteen percent withholding tax will be removed and then there is VOIP. In one of speeches, Barrow made reference to increasing the speed of internet for a small price. Barrow said that should come on board on the first of November. But a point of contention came from Dylan Reneau, the president of the NTUCB who questioned the unleashing of the Voice Over Internet Protocol (VOIP) It’s a cheap way for Belizeans to speak to family and friends living abroad for pennies.  The NTUCB president asked the prime minister if it will ever happen?

Dean Barrow

“If we own the company we are not going to shoot ourselves in the foot. We might  be prepared, in my view, well I di give up that one cent for a hundred minute a phone call because the only way I can enjoy that is to have all my money go to people in the states—none of it remain at home, none of it to help the Belizean economy. And as a consequence I will also be killing off this great flagship Belizean company. So, I can’t as I said go too very far in order not to thread on the toes of the P.U.C., but I would want to hazard a guess, or put it higher than that, I would like to say that I am convinced that there is no way in hell VOIP will ever be allowed to swamp Telemedia.”

The PUC regulates VOIP and according to John Avery licenses have only been granted to the country’s two telecom companies, Telemedia and Smart. We’ll have more on what the Prime Minister said about a loan of over twenty-two million US dollars later in the newscast.

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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7 Responses for “Telemedia’s new accommodation agreement”

  1. rod says:

    resign barrow resign you are a traitor and a spy you are useless on crime and everything else happening to our country every aspect of belize is in the toilet and you keep taking us down well we the people cant and wont take it any more we will take matters into our own hands to take back our country so resign barrow resign before it is too late for you.

  2. Lindsay Howard says:

    Once again, the back of small business is being broken by the continuing ban on VOIP.

    People around the world now expect to be able to call internationally for not much money – and they expect their phone calls to be returned by international businesses.

    Not so for Belize. A small hotel, for example, can’t afford to call a potential guest in the US to discuss a booking – at least they can’t afford to call more than once, because if they do, they’ve eaten up all their profits.

    A travel agent located in Belize can’t afford to book Belizean owned and lower priced hotels if they have to do business by phone. A commission of US$7.50 on a US$75 per night hotel would be quickly eaten up by only a couple of phone calls.

    This extends to all Belize businesses trying to do business internationally. The blocking of VOIP is one of the things crippling the Belize economy — and producing a group of generally law abiding citizens who are forced to break the law by using illegal methods to get around the block, further reducing respect for the rule of law within our country.

    And the sale of shares in BTL? We don’t know what the company is worth, we have no clue as to whether they’ll ever step into the 21st century by offering cheaper and faster Internet, and the best I can tell, if I invested, I’d just be spending my dividend check on outrageously expensive international phone calls. Where’s the logic in that?

    The plain fact of the matter is that the government is propping up an increasingly unviable and archaic company at the expense of the Belizean people. In other words, business as usual.

  3. Cutty Ligiyaba says:

    Mr. Barrow is a very shrewd man–I like his business ethics regardless if a lot of people don’t

    understand–why? His interest still remains in the Belizean economy in regards to telephony

    and communication—Most people will soon realize that VOIP works great when they decide to

    call a neighbor but not for long distance calls—most people will realize that indeed they will

    need to increase their internet speed–Belize will need to improve to fiber optics in order to give

    it’s citizens a better service. Its gonna cost a lot—

  4. RadicalBelizean says:

    Cutty Ligiyaba: great points. Hon Dean Barrow has gone up in my estimation and I support him 100% in the Telemedia plans. I genuinely believe that he is looking out for the interest of the people of Belize. I am prepared to give credit where credit is due and so judge him on the things he does get right and likewise press him on things which in my view will not benefit the people. Mr PM, great statesman quality interview (Blue shirt), Well done.

  5. RadicalBelizean says:

    Besides the cost of making phone calls from Belize has come down drastically since the 80′s & 90′s hasn’t it?

  6. roots economist says:

    BY keeping the ban on VOIP we are shooting ourselves in the head. cant we see that this measure does not create any new money, it is in effect a tax on international calls. it makes doing international business trnsactions so much more expensive. it is bad for foreign ivestment in Belize. it restricts our use of available technology keeps us as a country in the Dark Ages

  7. Common Sense says:

    Agree Roots…..but it keeps BTL’s profits nice, makes the share prospectus look a worth while investment, and in the interest of attracting a large foreign investor – this is vital….. the status quo continues.

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