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Laticom signs alliance to boost Honduras telecoms

Tuesday, January 11, 2011

US-based Laticom will today sign a strategic alliance with the Honduran state telecommunications company, Hondutel.

Hondutel’s fragile finances prevent it from developing investments that can compete with the three private-sector phone companies that operate in Honduras.

The US government will invest $50 million in the country. It plans to use fiber optics to provide high-speed Internet and cable television services.

Original source (in Spanish): El Heraldo