Among the poorest countries in Central America, Honduras has long been plagued by an unstable political framework which has rendered telecommunications reform difficult. Reform is critical if the country is to address some of the least impressive market statistics in the region. Honduras: DSL and cable modem technologies are available but relatively expensive, while higher speed services are largely restricted to the major urban centers.
The country has been on the cusp of bankruptcy for several years, and though a group of banks had written off $3.5 billion of debt in 2007 accumulated debt since then has reached $5 billion. The economic plight has contributed to crises within the government, with no consensus on how to formulate a budget for 2013