World VoIP NewsHondutel in market for new strategic investorHondutel in market for new strategic investor

Hondutel in market for new strategic investor

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Honduras’ beleaguered state-owned national fixed line operator Hondutel could seek an alliance with a strategic investor to help it to better compete in the increasingly competitive local market.
BNamericas cites a local analyst as saying that Hondutel may adopt such a plan as it looks to upgrade its outdated network to compete with Digicel, Tigo and Claro.

As it stands, the operator’s mobile capabilities are limited to voice calls and SMS-only and its core fixed line business – which generates some 60% of annual revenues – is in slow decline.

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