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US telcos mull $400 million investment in Hondutel of Honduras, says TeleGeography

Wednesday, November 24, 2010


Honduras' dominant telco Hondutel may be getting a helping hand from a number of unnamed US-based telecom companies, reports TeleGeography.

Citing an unconfirmed report from a Honduran news journal, these US companies would like to invest up to $400 million in Hondutel.

Among the various proposals presented to Hondutel to help it regain its financial footing including the management of wireless, Internet access, fiber cabling and power systems.

Original source: Fierce Telecom