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Provider of satellite-based communications infrastructure services Globecomm Systems has been awarded an infrastructure contract from a telecommunications operator valued at USD 2.1 million. Globecomm Systems will build a satellite network, including one hub earth station and fifteen remote sites, throughout Honduras. Once installed, the network will enable the transmission of IP-based data and voice traffic […]
Venezuelan President Hugo Venezuelan President Hugo Chávez arrived in Honduras, specifically in the Colonel Hernán Acosta Mejías Air Base, on Tuesday afternoon. Chávez was in Guatemala on Monday, in the first stop of his tour of Central America, the Venezuelan official news agency ABN reported. Chávez is visiting Honduras on Tuesday and then Nicaragua, where […]
Digicel, the new entrant to the Honduras mobile market, today announced Miguel Garcia, a 19-year telecommunications expert, has been appointed Chief Executive Officer of Digicel Honduras S.A. de C.V. As CEO of Digicel Honduras, Miguel will be responsible for developing Digicel into a significant and competitive player in the mobile telecommunications market. Digicel’s success in […]
Fitch Ratings upgraded the national scale ratings of Honduras’ Banco del Pais SA (Banpais), after it was bought by Bicapital Corp (BC), the ultimate parent of Guatemala’s Banco Industrial. Banpais’ national scale long-term rating was upgraded to ‘A+(hnd)’ from ‘BBB-(hnd)’, while the national scale short-term rating was upgraded to ‘F1(hnd)’ from ‘F3(hnd)’. The outlook is […]