By Catracha Hondurena on March 14, 2011
cell phone, claro, digicel, telecom
Business - Economics
Denis O’Brien’s mobile phone company Digicel has sold its businesses in Honduras and El Salvador to the world’s richest man, Carlo Slim. Slim’s company America Movil is understood to have paid a “significant consideration” to the Irish telecom entrepreneur’s company. The deal will also see Digicel take control the America Movil’s Jamaican mobile phone business, […]
By Catracha Hondurena on November 5, 2009
claro, communications, digicel, honduras, telephone, tigo
Business - Economics
Communications in Honduras are better than one would expect based on the country’s other economic indicators. Mobile penetration is about average for Central America and quite high compared with GDP per capita. Fixed-line telephony has been partly liberalized, with long-distance telephony open to competition, but local services are still a monopoly of state-owned Hondutel and […]