Hondutel seeks investors

News General Honduras 27 JUL 2010
Hondutel seeks investors
Honduras telecom carrier Empresa Hondurena de Telecomunicaciones (Hondutel) has launched an investor search. Hondutel "is looking for new partners to provide capital and equipment to improve the mobile and Oye services provision", David Barahona, Hondutel's corporate strategy and regulatory affairs manager told La Tribuna. The Honduras operator thus hopes to attract new mobile and broadband internet customers, Barahona added. According to Barahona, Hondutel needs funding ranging between USD 200 and USD 300 million to develop and install internet connections in 27 cities across the country.

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