Feb 22, 2021 $2.5M in Profits for B.T.L. in 2020 is a Paltry Sum A new board of directors for Belize Telemedia Limited was constituted in December of last year with former business senator Mark Lizarraga at its helm. Over the weekend, the telecoms company hosted a virtual gathering of its shareholders where an annual report was presented on its finances. The numbers are grim, to say the least. Despite massive investments in improving services, B.T.L. only realized a meager profit of two and a half million dollars this fiscal year. It’s far from good news for local investors who presumably expected more in dividends. According to Chairman Lizarraga, the company is also facing harsh economic headwinds with the COVID-19 pandemic. News Five’s Isani Cayetano reports.