TEGUCIGALPA (Reuters) - Honduras has awarded Mexican telecoms giant America Movil and emerging markets telecoms group Millicom licenses to offer 4G high-speed mobile services, telecoms commission Conatel said on Tuesday.
America Movil operates under the brand Claro in Honduras, while Millicom operates under the name Tigo. The licenses cost $12.05 million each.
The companies must start operating 4G networks within 18 months, Conatel said.
Reporting by Gustavo Palencia; Editing by Edwina Gibbs