Three companies mull investment in Hondutel

LR Group of Israel, Rhino of the United States and Fideco/Datang Mobile of China and Guatemala are interested in acquiring the mobile assets of Hondutel, the Honduran state telecommunications company.

Hondutel's chief executive, Romeo Vásquez, said the company requires a minimum capital injection of some $500 million.

Hondutel is losing $2 million a month, amid major losses in its fixed services.




Source (in Spanish): El Heraldo