After reserving frequencies for the state run company Hondutel, Conatel awarded the rest of the band to Tigo and Claro, who will pay $12 million each.
Latribuna.hn reported that "The government has sold a license to operate a 4G mobile band worth $24,105,000, reserving a portion for the Honduran Telecommunications Company (Hondutel), so that it can exploit it in the future jointly with a private partner. "
The Mexican telephony giant announced it has completed the acquisition of phone company Digicel in Honduras.
A press release from American Mobile reads:
America Movil, announced today (November 30, 2011) that as part of the agreement with Digicel Group Limited and its affiliates ("Digicel") during the first quarter of 2011, has acquired on this date 100% of Digicel’s operations in Honduras and sold to Digicel its operations in Jamaica.