Posts filed under ‘Digicel’
The Head of Planning of the National Telecommunications Commission (Conatel), Carlos Barahona, says private telecoms operators invested a record USD650 million in their Honduran networks in 2008, up from USD356 million in 2007 and USD133.6 million a year earlier. Speaking to the El Heraldo newspaper, Barahona said that he expects the trend will continue in the medium-term as Tigo, Claro, Digicel and Hondutel’s fledgling mobile arm Honducel fight for new subscribers in a market where cellular penetration reached close to 75% at the end of last year. At that date the incumbents’ combined user base reached 5,823,915 active lines, up from 4.184 million a year earlier.
Digicel earmarked a reported USD450 million in its networks and services, including the payment of USD80.1 million for the licence it won in late 2007. Tigo also invested around USD150 million to expand its network, the paper said. In 2009 Digicel is expected to invest between USD150-USD200 million to further improve its reach and service quality, while Tigo has reportedly set aside USD100-USD150 million and Claro USD50-USD100 million.
Caribbean and Central American mobile operator Digicel has rolled out a “voluntary separation program” aimed at reducing staff in 23 markets. Workers who decide to leave will be eligible for health care coverage, bonuses and accelerated payments for stock options under the plan, depending on years of service. The operator estimates that about 10 percent of 4,500 eligible employees will take the offer. Digicel hopes the programme will “better align” the organization and overall cost structure with evolving economic conditions. The staff reduction programme will not affect the newly-entered markets, including Panama, Honduras, the British Virgin Islands and the South Pacific operations. Digicel currently operates on 31 markets across the Caribbean, Central America and the Pacific islands, with a total customer base of over 6.5 million subscribers.
Latin American mobile operator Digicel (Honduras) has expanded its mobile coverage to five additional municipalities in Honduras, BNamericas writes citing an article in local paper El Heraldo. The five areas covered are in the departments of Atlantida, Francisco Morazan, Choluteca, Olancho and Cortes, it said. Irish-owned mobile group Digicel became the fourth wireless operator in Honduras when it launched commercially in November this year. It intends to invest USD450 million (including USD80.1 million for its licence) to deploy at least 1,200 cellsites and other related infrastructure and currently has 500 points of sale nationwide. Digicel is looking to sign up 5,000 customers by year-end and hopes to become the country’s second largest mobile operator within a year of launching.