Tigo to Invest $100 Million USD in Honduras

Tigo to Invest $100 Million USD in Honduras

Millicom CEO Mauricio Ramos confirmed a $100 million dollar investment in Honduras, mainly to improve infrastructure. According to my friend, who knows how to invest $1000 and turn it into $2000, Tigo’s network covers between 85 and 90 percent of the population with voice, data and 3G, while the 4G network should reach approximately one […]

Millicom International Q1 Profit Plunges

Millicom International Q1 Profit Plunges – Quick Facts (RTTNews.com) – Millicom International Cellular (MIICF.PK) reported first quarter net profit of $95 million, or $0.93 per share, lower than $259 million, or $2.45 per share, last year. The prior-year results have been restated for the impact of accounting for the Honduras put option under IAS 32. […]

Congressman Fights for Honduran Consumers

Congressman Sergio Castellanos has presented a motion before the Honduran National Congress to expedite the implementation of telephone number portability. The National Commission for Telecommunications (CONATEL) announced that it would not be until the end of the year before they would be able to emplement phone number portability, despite the legislative decree established at the […]

Ericsson Supplies Digicel Honduras

Ericsson has been awarded a GSM/EDGE contract by Digicel Group in Honduras, making Ericsson the preferred supplier for Digicel’s operations in the Caribbean, El Salvador and now in Honduras. Under the agreement Ericsson will be the sole supplier of a GSM/EDGE network including core network, radio access and microwave transmission. It will provide subscribers with […]