Digicel to invest $350 million in Honduras

The Irish company Digicel plans to enter the Honduran market in December, and has announced that it will invest 350 million dollars in its first year of operations.

Wednesday, June 11, 2008

The investment will be divided among development and network infrastructure, telecommunications equipment, and the introduction of the brand, channels and terminals.
This investment is in addition to the 80 million dollars the company paid the government to obtain the fourth band of cellular telephones.
Digicel has proposed to improve tariffs, the quality of service and promotions to make the mobil phones even more accessible to Hondurans.

More on this topic

Digicel of Honduras signs agreement with Ericsson

July 2008

The cellular telephone company Digicel Group de Honduras has signed a contract with Ericsson to provide GSM/EDGE services.

This will make Ericsson the main supplier for Digicel for its operations in the Caribbean, El Salvador and now in Honduras.
Under the terms of the agreement, Ericsson will be the only supplier of the GSM/EDGE network, which includes core network, access to radio and microwave transmissions.

ICE to offer celular lines with telephone in Costa Rica

June 2008

The immanent opening of the telecommunications market has led the Costa Rican Electricity Institute (ICE) to design a strategy to compete with multinational companies that arrive in the country.

The state institute plans to meet the challenge by offering the same services as their competitors even before they arrive.

Ericsson signs GSM/EDGE contract with Digicel Honduras

May 2008

Ericsson has been awarded a GSM/EDGE contract by Digicel Group, making Ericsson the preferred supplier for Digicel's operations in the Caribbean, El Salvador and now in Honduras.

Under the agreement Ericsson will be the sole supplier of a GSM/EDGE network including core network, radio access and microwave transmission.

Costa Rica: New reversal for 3-G technology

April 2008

A new stumbling block has triggered anxiety in users who urgently need the new advanced technology. Authorities note the stage of projects for improving connectivity.

"They told us that the third generation of cellular telephones could be ready for 2008 and we're still waiting for it. The internet conection using 2-G cell phones is inadequate."

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

ATENAS: 13 HA, 1.5 KM from Highway 27, US$ 11/m2

Prime Lake Front Real Estate near San Jose, CR Now Available for Development, an extraordinary commercial real estate opportunity.
A lush 32 acre/13 hectare plot located just West of the...

Stock Indexes

(Jul 21)
Dow Jones
S&P 500


(Jul 24)
Brent Crude Oil
Coffee "C"