Costa Rica: Telefónica with the Best Financial Offer

The Spanish company, with a $ 95 million offer, was the highest bidder entering the Costa Rican market.

Monday, January 10, 2011

With a $ 70 million minimum base for each band, Telefónica took the rights to the third block of frequencies, which are more attractive because they require less infrastructure investment.

Mexican company, América Móvil (Claro), was awarded concession number two.

"The Superintendence will now issue a report recommending to the Executive Branch to award or not the two bands, but it is expected for the recommendation to be positive," states the article in Informador.com.mx.

If the process proceeds as planned, both companies said they would be operational before the end of this year.

More on this topic

Costa Rica: Cellular Frequencies Offers Revealed Today

January 2011

Starting at 6:30 pm the financial bids submitted by Claro and Telefonica will be known.

In the presence of representatives from both companies, the Telecommunications Superintendence (Sutel) will uncover the proposals.

La Prensa Libre published on its website: "representatives of the two mobile carriers must be present in case of a possible tie in order to immediately make a counteroffer, so the frequencies can be awarded."

Costa Rica: Mobile Frequencies on Auction on January 7th

January 2011

Telecom superintendent Sutel informed this to Claro and Movistar after reviewing their technical and financial bids.

George Miley, head of Sutel, explained that the auction of the three frequencies will be conducted 15 days ahead of schedule.

Miley told Elfinancierocr.com: “Both companies concluded the technical, financial and legal review.

Costa Rica: Two Bids for Cellular Market

December 2010

America Movil (Claro) and Telefonica (Movistar) were the only ones to submit their cell phone service offerings.

By January 19th, 2011, the Evaluating Commission will open the bids and report to the Superintendence of Telecommunications (Sutel), after analyzing technical issues.

América Móvil Plans to Invest in Costa Rica

July 2010

The company is looking to introduce its brand via offering satellite TV and later cell phone services.

Ricardo Taylor, general manager for Claro in Costa Rica, told La Nación that the company had already asked the government for a frequency through which to transmit the satellite signal it uses to provide customers with its service.

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