According to a report on the IFC’s website, as quoted by BNamericas, the World Bank body has applauded Digicel’s credit history and welcomed its plans for Honduras, a country where ‘private financing from local or from international commercial banks without multilateral support is scarce’. The IFC statement went on to say that ‘the entry of an experienced player such as Digicel into the market will encourage the existing mobile operators to invest further in their networks, thereby increasing availability and stimulating improved service standards, the development of value added services, and lower tariffs for consumers.’

Source: honduras news

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