0
General

Hondutel ends 2019 with USD 12 mln loss

Friday 17 January 2020 | 11:48 CET | News
Honduran state-owned operator Hondutel generated losses of HNL 308 million (around USD 12 million) in 2019, some 51 percent down on a HNL 204 million loss in 2018. The company's revenues were down around 9 percent year on year to HNL 1.4 billion in 2019, reports local daily La Prensa, adding that operating expenses at the struggling operator increased by HNL 79.7 million to HNL 1.1 billion while salaries came to HNL 915.6 million by the end of December.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Hondutel
Countries: Honduras
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Hondutel losses continue in Q1, govt admits partner needed

Published 16 Apr 2019 16:00 CET | Honduras
Losses at the Honduran operator Hondutel continue to grow, and the government has admitted again that it will need to find a ...

Hondutel losses widen to USD 5.5 mln in Q2

Published 24 Jul 2018 10:33 CET | Honduras
Honduran state-owned operator Hondutel reported a HNL 137 million (USD 5.5 million) loss in the second quarter of 2018 compared ...

Hondutel posts USD 2 mln loss in Q1

Published 16 Apr 2018 11:03 CET | Honduras
Honduran state-owned operator Hondutel reported a HNL 49.3 million (USD 2.1 million) loss in the first quarter of 2018, with ...

Hondutel to add Wi-Fi hotspots to public phone booths

Published 09 Jan 2018 12:05 CET | Honduras
Honduran state-owned operator Hondutel has announced plans to invest USD 50,000 to install Wi-Fi hotspots in around 3,000 public ...

Hondutel customers down 11% to 379,000 in Q1

Published 04 Jul 2017 10:06 CET | Honduras
Honduran state-owned operator Hondutel ended the first quarter of 2017 with 379,403 customers, down 10.9 percent year on year, ...

Honduras fixed line connections plunge another 11%

Published 13 Jun 2017 09:32 CET | Honduras
The number of fixed line connections in Honduras fell a further 10.9 percent year on year to just 442,929 in 2016, reports local ...





Calendar   /   Industry Events

24 Feb Arlo Q4 2019
24 Feb Palo Alto Networks fiscal Q2
25 Feb Iridium Q4 2019
25 Feb Infinera Q4 2019
25 Feb Millicom Q4 2019
25 Feb American Tower Q4 2019
25 Feb Utility Telecoms 2020
26 Feb Crown Castle Q4 2019
26 Feb Syn Q4 2019
26 Feb Avast FY results
26 Feb Box Q4 2019
26 Feb Orbcomm Q4 2019
26 Feb Sina Q4 2019
26 Feb Weibo Q4 2019
26 Feb Shentel Q4 2019
27 Feb Zoom Telephonics Q4 2019
27 Feb Telesat Q4
27 Feb Dell Technologies fiscal Q4
27 Feb VMware fiscal Q4
27 Feb Cogent Communications Q4 2019
27 Feb Cable One Q4 2019
27 Feb Neophotonics Q4 2019
27 Feb Baidu Q4 2019
27 Feb Netia Q4 2019
27 Feb Sunrise Q4 2019
27 Feb Interxion EGM
28 Feb Tecnotree FY 2019
28 Feb Masmovil Q4 2019
28 Feb Freenet Q4 2019
::: More Calendar Items