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 country was the only one in Central America which had no law on the subject.
Telephone companies have until next September 30 to do everything that the law requires to start operating a number portability system by October 1.
According to Deputy Thomas Zambrano, the law will benefit more than seven million users who are subscribed to three mobile companies including Tigo, Claro and Hondutel.
America Movil, Claro's parent company, is investing in the development and delivery of broadband services.
Users of the Claro network, and now Digicel, will have access to greater geographical coverage, better quality and innovation in services, and higher speeds.
So said the director of Claro Honduras, Luis del Cid, who announced the acquisition, which was negotiated between the parties in the first quarter of 2011.
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.