Digi records its highest profit in the company’s history

With its proposed acquisition of Speednet now off the table, Belize Telemedia Limited, which operates as Digi, has recorded the highest profit in the company’s history.  BTL earned thirty-six-point-nine million dollars for the financial year ending March 31, 2026. That is almost nine million dollars more than the twenty-eight-point-one million earned the year before, representing an increase of thirty-one percent. The company brought in approximately one hundred and sixty-five million dollars in revenue, while earnings per share increased from fifty-three cents to seventy cents. Its return on equity stood at fifteen-point-two percent, above the twelve-percent target set under its five-year plan.  The figures show a sharp turnaround from 2021, when BTL recorded a net income of only five-point-four million dollars. In the five years since then, the company earned a combined one hundred and twenty-seven-point-six million dollars.  It is reported that BTL also expanded its network during that period, adding forty-one mobile sites and extending fibre-to-the-home service to thirty-seven more communities. Broadband customers increased from about thirty thousand to more than forty-seven thousand, while mobile subscriptions grew from roughly two hundred and three thousand to two hundred and twenty-four thousand.  Chief Executive Officer Ivan Tesucum says BTL has proudly met its financial targets.  According to the report, the company is now beginning a new five-year plan focused on improving its network and customer service, while expanding into areas such as artificial intelligence, data centres, cloud services, cybersecurity and advanced analytics.