Honduras to Appoint New Managers for Phone Provider Hondutel

Honduras plans to appoint new management to run the country’s state telecommunications company, known as Hondutel, over the next 120 days.

President Porfirio Lobo said the government will name the managers today to “expand and modernize” phone services, according to an e-emailed statement from the president’s office yesterday.

Before it's here, it's on the Bloomberg Terminal.