SOURCE: Digicel

August 01, 2008 08:30 ET

Digicel Wins WiMAX License in Honduras

Service Will Offer Wireless Internet Speeds of up to Seven Mbps in Eight Major Areas

TEGUCIGALPA, HONDURAS--(Marketwire - August 1, 2008) - Digicel, the fastest growing mobile company in the Caribbean and new entrant to the Central American market, today announced that it has won a license in the 2.5 GHz spectrum to deliver low cost broadband internet services using WiMAX technology in Honduras.

Digicel secured the only license that covers the eight most densely populated areas of Honduras, including Atlántida, Bay Islands, Choluteca, Comayagua, Cortés, Francisco Morazán, La Paz and Valle, representing nearly 60 percent of the country's population of 7.64 million.

The license was obtained by Digicel for US$ 2 million through a competitive bid process, which went head-to-head with America Movil/Claro, Autoconsa, Axioma Empresarial, Lumelsa and Millicom/Tigo.

WiMAX not only delivers a wireless broadband internet service comparable to what users are accustomed to getting in the office or at home, but it also integrates high speed voice and data serving up a fast, cost-efficient and seamless wireless mobile communications experience.

With mobile WiMAX forecasted to experience a compound annual growth rate of 198 percent between 2008 and 2012, according to the "Telecom Application Report 2008," Digicel's customers in Jamaica and the Cayman Islands -- where demand has been phenomenal -- have already seen the multiple benefits of this technology in terms of cost, coverage, bandwidth and security.

"This is a very important step for Digicel. We are committed to offering the best services and value for money to our customers, and with WiMAX, we will be able to contribute further to the economic growth and social development of Honduras by delivering broadband mobile internet access to customers in the most densely populated locations across Honduras," said Miguel García, CEO, Digicel Honduras.

He adds, "In other markets where we've rolled out WiMAX services, the response has been fantastic. We're looking forward to delighting our customers in Honduras in a similar way."

WiMAX is a standards-based wireless technology that provides high-throughput broadband connections over long distances and can be used for a number of applications, including "last mile" broadband connections and high-speed enterprise connectivity for business.

ABOUT DIGICEL GROUP

Since its launch in 2001, Digicel has become the largest wireless telecommunications operator in the Caribbean with more than six million customers. After seven years, Digicel is renowned for competitive rates, unbeatable coverage, superior customer care, a wide variety of products and services and state-of-the-art handsets. By offering innovative wireless services and community support, Digicel has become a leading brand in the Caribbean and has placed the region at the cutting-edge of wireless communications.

Digicel is incorporated in Bermuda and has operations in 23 markets, including Anguilla, Antigua & Barbuda, Aruba, Barbados, Bermuda, Bonaire, Curacao, the Cayman Islands, Dominica, El Salvador, French Guiana, Grenada, Guadeloupe, Guyana, Haiti, Jamaica, Martinique, St Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Suriname, Trinidad & Tobago and Turks & Caicos. With new launches planned for the British Virgin Islands (BVI), Honduras and Panama, Digicel expects to be in 26 markets in the next 12 months. The Caribbean company also has coverage in St. Martin and St. Barths.

Digicel is the lead sponsor of Caribbean sports teams including the West Indies Cricket Team and Special Olympics teams and is title sponsor of the Digicel Caribbean Football Union Cup and the Copa De Naciones, the Caribbean and Central American qualifiers to the CONCACAF Gold Cup.

Visit www.digicelgroup.com for more information on Digicel.

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