Hondutel, the Honduran state owned incumbent, may receive a shot in the arm if lawmakers decide to change telecoms regulations.
Local newspaper El Heraldo said that one of the changes being considered is making ‘grey traffic’ – or the illegal bypass of…
Hondutel, the Honduran state owned incumbent, may receive a shot in the arm if lawmakers decide to change telecoms regulations.
Local newspaper El Heraldo said that one of the changes being considered is making ‘grey traffic’ – or the illegal bypass of Hondutel’s network services – a criminal offence.
Already on the legislative books awaiting Congressional approval is the ‘Hondutel Strengthening Bill’. This bill is designed to bring the state company up to date technologically so that it can compete on the modern market.
Other bills being considered by Congress cover fair and equal competition between telcos, and a law arranging for Hondutel to repay the historical debts it sustained during the financial crisis.
Hondutel has debts of HNL180m (US$9.5mn), which it is unable to pay back.
Hondutel relies on declining fixed-line and long distance services for 60% of its business.
