Tigo to invest USD100m in network upgrades in 2014; LTE launch planned for 3Q14

1 May 2014

Otto Pineda, the CEO of Tigo Honduras, has revealed that his company plans to invest over USD100 million during 2014 in order to expand and upgrade its network infrastructure in the country. According to domestic newspaper La Prensa, the executive noted that Tigo has already invested around USD40 million in the first four months of 2014.

Pineda also revealed that Tigo plans to launch 4G Long Term Evolution (LTE) services in Honduras in the third quarter of 2014. The mobile operator also expects to pass the five million subscriber milestone by June 2014, following the introduction of mobile number portability (MNP) services last month; Tigo has invested around USD2 million to prepare for the launch of MNP in Honduras.

Honduras, Tigo Honduras (formerly Celtel),

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