Honduran Cabinet Minister Resigns

Roberto Martinez, general manager of the state-owned Honduran National Energy Company, yesterday became the third member of President Porfirio Lobo’s Cabinet to resign in the past two weeks. Martinez submitted his resignation to the Ministry of the Presidency about 5 p.m., Luz Tome, public relations representative for the company, said in a phone call from […]

Millicom International Revises Honduras Accounting

PRESS RELEASE Stockholm January 26, 2012 MILLICOM INTERNATIONAL CELLULAR S.A. Revised accounting treatment of Honduras transaction Stockholm, January 26, 2012 – Millicom International Cellular S.A. (“Millicom”) (Stockholmsbörsen: MIC) announced today that it is restating its full-year financial statements for 2010 as well as its interim quarterly financial statements for the periods ended September 30, 2010 […]

Rosenthal’s Cable Color Chooses Orckit-Corrigent

PRESS RELEASE Orckit-Corrigent Ltd. (nasdaqgm:ORCT), a leading Packet Transport Network (PTN) vendor and TELSOL, a leading telecommunication group in Central America, today announced that Cable Color, a leading telecommunication service provider in Honduras, has selected Orckit-Corrigent’s IP/MPLS and MPLS-TP based CM-4000 PTN switches and the accompanying CM-View network management system to introduce a networking environment […]

President Bans Cell Phones

President Lobo yesterday banned cell phone usage during the weekly two-hour meeting he holds with his Cabinet ministers. Enduring repeated interference from various noises emanating from the Minister’s cell phones while attempting to discuss important events, the President emphatically denounced their usage. He stated it is simply, a “lack of courtesy” to have them on […]