digicel

Digicel Sells Out Honduras Telecom

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, […]

Digicel Going Strong in Honduras

Company head Denis O’Brien has invested $450 million (€360 million) in Honduras since Digicel’s launch in late 2008, and is going head-to-head with Mexican billionaire Carlos Slim’s mobile operation for market share. Digicel Honduras is open for business, according to its head office in Jamaica. “To be clear, Digicel is not reducing its retail footprint […]

Digicel Sues Hondutel

Digicel’s Honduran unit plans to launch a legal bid to recover monies it claims it is owed by national PTO Hondutel concerning the latter’s failure to adhere to the terms of their Interconnection Agreement. Digicel says it is looking to sue for HNL10 million (USD538,000) in payments covering the term from February 2009, unless the […]

Tigo Market Leader in Honduras

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 […]

Digicel Goes Wireless

Jamaica-based Caribbean mobile network operator Digicel, which currently provides mobile services in 23 countries and territories in the region and in Central America, has won a licence to offer WiMAX services in eight departments in Honduras. Digicel secured the concession with a bid of HNL36 million (USD1.86 million), beating off rival offers from Celtel, Sercom, […]