Claro Invests $150 Million in Honduras

America Movil, Claro's parent company, is investing in the development and delivery of broadband services.

Monday, December 5, 2011

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.

An article in Latribuna.hn states: "As part of its commitments with regulators in the country, America Movil, through Claro, contracted a commitment to additional investment in Honduras of $150 million.

The acquisition complies with all necessary approvals by the antitrust regulatory body, and the telecommunications regulator. "

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