Belize Telemedia


Carlisle Holdings Limited (Carlisle) – Holding in BTL

BELIZE CITY, Belize, Oct. 27 — Carlisle Holdings Limited Nasdaq: CLHL; London: CLH), a leader in outsourced facilities services and staffing services announced today that their Chairman, Michael A. Ashcroft had recently agreed to purchase 23.5% of Belize Telecommunications Ltd (BTL) previously held by MCI WorldCom, Inc. A twelve month option to purchase this additional BTL stake at cost plus financing was granted to Carlisle by Mr. Ashcroft which would give Carlisle a controlling interest in the company. Notwithstanding Carlisle’s current strategic direction to develop its services businesses in the United States and United Kingdom, the consolidation of BTL would […]