Claro Invests $150 Million in Honduras

America Movil, Claro's parent company, is investing in the development and delivery of broadband services.

Monday, December 5, 2011

Users of the Claro network, and now Digicel, will have access to greater geographical coverage, better quality and innovation in services, and higher speeds.

So said the director of Claro Honduras, Luis del Cid, who announced the acquisition, which was negotiated between the parties in the first quarter of 2011.

An article in Latribuna.hn states: "As part of its commitments with regulators in the country, America Movil, through Claro, contracted a commitment to additional investment in Honduras of $150 million.

The acquisition complies with all necessary approvals by the antitrust regulatory body, and the telecommunications regulator. "

More on this topic

América Móvil to Invest $150 Million in Panama

April 2009

The company, through its Claro brand, announced investment in infrastructure, retail outlets and health care centers.

The coverage that the company has managed is more than 80% in cellular phones and 50% in mobile internet since coming into the mobile telephone market in March 2008, announced Oscar Borda, the Company's Central American Director.

Claro optimizes its network in Guatemala

August 2008

All features of a computer that is connected to the internet are now available to Claro cellular customers.

Claro, a subsidiary of America Movil, launched its 3G (Third Generation) services from the first semester of this year, with the capability of surfing at high speeds and using various software applications; nonetheless, with the continued improvements, the network is now 3.5G, said Richard Sherman, Ericsson's IT Manager for Central America and the Caribbean.

3.9 Million Cell Phone Subscribers in Panama

February 2010

There are now more cell phone subscribers than inhabitants in Panama.

Several factors contribute to the high demand of this communication mechanism, but “sociologist Milciades Pinzón argues that above all, mobile phone have become symbols of prestige, so many seek to own one or more units”, reported Latercera.com.

Realities of Mobile Telephony in Panama

March 2012

Cable & Wireless Panama (CWP), Telefonica Panama, Digicel Panama and Claro are the companies competing for the local market.

Panama has 3.3 million inhabitants and 7,281,074 registered mobile phone lines, according to the National Authority of Public Services (ASEP), which is more than two lines per person.

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