Honduras: $10 Million Trust for Telecom Investment

The U.S. company and technology services provider, has signed a trust for a total of $10 million to implement various projects in the Honduran Telecommunications Company (Hondutel).

The trust will help ensure the implementation of the project and improve data transport, Internet and other telecommunications services.

A report in El Heraldo notes "the Honduran state telephone company and Laticom Honduras formed a business alliance in January of this year, which was published on March 26 in the La Gaceta. In addition, Laticom pledged to invest $50.5 million in Hondutel in order to improve the optical fiber the country currently possess "..

Source: elheraldo.hn

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