Costa Rica telecom market seen opening soon

Costa Rica, one of the few Latin America countries still with a state-run telephone sector, is expected soon to open to big foreign players as part of a trade deal with the United States.

Thursday, April 3, 2008

Costa Rican President Oscar Arias told the Reuters Latin America Investment Summit late on Wednesday that foreign telephone firms are poised to enter the Central American country but that national operator ICE will continue to play a key role in the industry.

"The (government) will be very careful to listen to the offers of companies that want to come here to compete with the state firm, which will be the dominant firm without a doubt," Arias said.

More on this topic

Costa Rica: Telecoms Market Data Must be Updated

November 2015

A ruling by the Administrative Court found in favor of the state run telecoms company and obliges the regulator to update the relevant market data and level the playing field for all operators.

In the lawsuit, the Instituto Costarricense de Electricidad (ICE) argued that the failure to update data on relevant markets and operators prevented the Superintendency of Telecommunications from providing equal treatment to all telecommunications companies operating in the country. Because of this, Crhoy.com reports, "... only the ICE can be fined or receive penalties for noncompliance."

Costa Rica: 10 IT Companies Sold the State $ 287 million

March 2011

The 2010 list is lead by National Telecommunications and Networking Company CMW with $ 58 million.

Second place goes to Oracle with $ 48 million, followed by Ericsson AB with $ 28.5 million and Unisys of Central America in fourth place with $ 25 million.

According to the Integrated Contract Information System of the Comptroller General of the Republic, "the entity which drove these purchases was the Instituto Costarricense de Electricidad (ICE), the only current mobile operator in the local market since the start of operations by Claro and Telefonica is expected only during the second half of 2011," informed IT NOW on their website.

Information Technology Rankings 2010

March 2010

Costa Rica leads in Central America (position 49 in the world), followed by Panama (58), El Salvador (81), Guatemala (83), Honduras (106) and Nicaragua (125).

The Global Information Technology Report 2009-2010 was published today by the World Economic Forum and Insead Business School.

Costa Rica telecom market seen opening soon

April 2008

Costa Rica, one of the few Latin America countries still with a state-run telephone sector, is expected soon to open to big foreign players as part of a trade deal with the United States.

Costa Rican President Oscar Arias told the Reuters Latin America Investment Summit late on Wednesday that foreign telephone firms are poised to enter the Central American country but that national operator ICE will continue to play a key role in the industry.

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