The Honduras Telecommunications Company, Hondutel, is planning to install 90,000 new copper lines this year.
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.
The project at Villa Los Cabos, a new residential complex with 26 villas, is scheduled to be completed in November.
Elperiodico.gt report: "Situated in the municipality of Taxisco, Santa Rosa, at Kilometer 11.5 on road that connects the port of Iztapa to Monterrico, the Villas Los Cabos is a new residential complex.
"We found the perfect location. It was a matter of gut feeling," said Jorge Castaneda, whose real estate company has already sold 64 of the 72 apartments to a select list of clients, many of them long time acquaintances of the company."
In the next two years, Panama will inaugurate 6.000 new hotel rooms, 80% of them located in the capital city.
An article by Kerem Perez in Martesfinanciero.com remarks that "Currently there are 5.765 hotel rooms in Panama City alone, and around 2.000 will be opened in the next months (630 belong to Riu Hotel and 1.400 to Hotel Megápolis), in addition to a number of hotels announced previously, including 4 from the Hilton chain".
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Panamá Pacífico with thousands of interested visitors to its stand in Expocomer 2010, not only offered the Key Note speech of thursday, but launched the residential phase of this great development on the banks of the Panama Canal