As per researchers, despite recent political problems in Honduras, the telecom market has continued expanding, fueled by advances in mobile penetration and broadband Internet. In 2010, the telecom market generated $1.36 billion and will expand at a CAGR of 5.1 percent over the next five years.

Mobile data will more than double its share of total revenue, expanding from $182 million in 2010 to $444 million in 2015; it is also expected that fixed and mobile broadband will be the main contributors.

Most of the data revenue in Honduras comes from messaging. The lack of a strong 3G base for market leader Tigo and the relatively low sophistication of the market have made other services a small piece of the overall market. Mobile broadband has started to gain traction in Honduras, and by the end of 2011, Pyramid anticipates around 218,000 subscriptions.

From Wireless Federation