Alcatel Finalizes Bribery Settlement

French telecommunications company Alcatel-Lucent SA finalized its settlement Wednesday with the U.S. over bribes paid to officials in Costa Rica, Honduras, Malaysia and Taiwan. The deal concluded in Miami federal court includes a $92 million penalty as part of a deferred prosecution agreement with the Justice Department. Alcatel also has already paid another $45 million […]

GENBAND to Modernize Honduras Communications

GENBAND has been selected by Laticom to enable the modernization and IP transformation of the nationwide communications network in Honduras. The U.S.-based IP telecom and technology company, Laticom, will use the GENBAND GENiUS platform to enable Hondutel, the largest telcom in Honduras, to deliver advanced telephony, data, IP and integrated multimedia services. “We chose to […]

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, […]