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Digicel moves to cut off rumors over plans to sharply reduce retail outlets in Honduras

Friday, July 2, 2010


Reports this week from Honduras that Denis O’Brien, the Irish entrepreneur, was planning to halve the number of retail outlets operated there by his Digicel mobile phone company ruffled a few feathers.
 
O’Brien has invested $450 million in the Central American state since Digicel’s launch in late 2008 and is going head-to-head with Mexican billionaire Carlos Slim.
 
Digicel Honduras is open for business. “To be clear, Digicel is not reducing its retail footprint in Honduras,” Digicel said in reply to a query. “As a matter of fact, we are increasing it.
 
Original source: Irish Times