Hondutel seeks investor, starts tender

News Wireless Honduras 11 DEC 2012
Hondutel seeks investor, starts tender

Honduras state-owned operator Hondutel has launched a tender for a minority stake in its recently created mobile subsidiary Empresa Hondurena de Telefonia Movil (Ehmovitel – Movitelh). Interested companies can acquire the tender documents by 18 December for HNL 10,000 (approximately USD 500). The bid opening is scheduled for 2 January 2013.

The government offers a 49 percent stake in this mobile unit to a strategic investor. There are at least 19 interested investors, including Fideco-Datang Mobile (Guatemala), Datang Mobile (China), LR (Israel), and Rhino (US), El Economista reports, citing Hondutel manager Romero Vasquez.

Ehmovitel will provide services using the 1900 MHz spectrum. Ehmovitel comprises all mobile telephony units set up by Hondutel between 2006 and 2009, including Tegucel, Sulacel, Olanchocel, Copancel, Cholucel and Ceibacel.

Categories:

Mobile

Companies:

Datang Mobile,  Hondutel

Countries:

Honduras

Tags:

Voice services, Shareholders & subsidiaries, Wholesale, Finance, M&A buyouts & divestments

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