Hondutel to invest $33 million in Honduras infrastructure

The Honduras Telecommunications Company, Hondutel, is planning to install 90,000 new copper lines this year.

Tuesday, July 15, 2008


©image:

The landline telephones do not face competition and currently has about 600,000 users. It has installed 30,000 new lines so far this year.
The cellular phone market is expected to acquire 150,000 new customers this year.
Hondutel general manager Jorge Rosa says the company plans to extend its services to more of the nation's 190 communities this year.

More on this topic

Bailout of Honduras State Telephone Company

January 2013

The Honduran Council of Ministers has approved a plan to bail out Hondutel, which requires a minimum funding of $200 million.

Laprensa.hn reports that among the actions in the plan is the formation of a comptroller commission, and obtaining funding for $150 million, which must be approved by Congress. These funds would be earmarked for the modernization of the state run company and downsizing.

Honduras: Wireless Fixed Telephony goes to Tender

September 2009

Hondutel invited bids for purchasing wireless terminals, to increase the number of phone lines under project 'Oye'.

The state entity will purchase 7.000 wireless fixed terminals for WLL GSM 1900. It expects to incorporate a total 20.000 new terminals by the end of the year.

Hondutel Business Opportunity

August 2012

With an unsustainable monthly deficit of $2 million, the Honduran state run telephone company is receiving offers from at least three companies to form a partnership for providing capital and technology.

Those interested in entering the mobile phone business in Honduras are the U.S. RHINO group, the Israeli LR Group and the Guatemalan - Chinese consortium FIDECO /Datang Mobile.

Honduran State Telecom Continues Adrift

July 2013

The Intervention Commission, which failed to initiate a recovery of Hondutel, has missed its deadline, and now the Honduran government has no idea how to reverse the company's crisis.

President Porfirio Lobo has expressed concern over the crisis facing the state enterprise, as the company's budget has not been approved, hindering the start an investment plan to recover it, as well as making it difficult to pay salaries.

 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


Claro

Organization that operates in Guatemala.
Phone: (502 ) 2416 5353

Company Profile

Stock Indexes

(Dec 7)
Dow Jones
1.55%
S&P 500
1.32%
Nasdaq
1.14%

Commodities

(Dec 8)
Brent Crude Oil
54.260
Coffee "C"
143.1
Gold
1,177
Silver
17.115