Sole offer by Huawei Technologies to pay 159% more for cellular network in Costa Rica

The $583 million offer in the bidding for the 3G cellular network is $358 million higher than the cost of $225 estimated by the I.C.E.

Tuesday, August 5, 2008

After signing a joint letter with four other leading telecommunications companies objecting to the tendering conditions and alleging that it was not possible to present an offer that would comply with the requirements of the Instituto Costarricense de Electricidad (ICE) - Costa Rica's telecom company, the Chinese firm Huawei Technologies Costa Rica was the only company to make a formal offer to install the 3G cellular network of 1.5 million lines in the country.

More on this topic

Chinese company wins tender for 3G network in Costa Rica

January 2009

China's Huawei was chosen by the Instituto Costarricense de Electricidad to execute the $235 million contract for 950.000 3G mobile phone lines.

This was reported by elfinancierocr.com, whose article states that "This network would be installed through 2009 and would imply an increase in the number of mobile phones per inhabitant of up to 65%, reported Claudio Bermúdez, ICE's vice director of communications".

Three offers presented for 3G phones in Costa Rica

November 2008

Ericsson, Huawei and ZTE presented their offers today to the ICE for the third generation cellular network tender.

The Huawei Tecnologies offer was for $245.8 million, Ericsson presented an offer fro $340.9 million and ZTE Corp. for $446.9 million.

Huawei as well as ZTE presented the participation guarantee for $9 million and %6.7 million respectively. Ericsson presented ...

Sole offer for 3G network rejected in Costa Rica

September 2008

The Costa Rica Institute of Electricity (ICE) confirmed yesterday that it has rejected Huawei Technologies' offer for 1.5 million 3G cellular lines.

The offer was too expensive and did not meet coverage requirements, declared Pedro Pablo Quirós, president of ICE.

Only Huawei participated in the bidding for this contract. Another four telephone companies refrained from participating alleging that the process lacked clarity.

Huawei bids $583 million for 3G network in Costa Rica

August 2008

The chinese firm Huawei made an offer of $582.862 million for the 3G mobile phone project under development by the Instituto Costarricense de Electricidad.

This is the only offer so far for the 1.5 million mobile phone lines tender, which ICE is promoting since 2007.

Huawei offered a leasing in association with the Banco Centroamericano de Integración Económica (BCIE), which is structured in 20 payments for 5 years, with a purchasing option on behalf of ICE. The offer is valid for 60 days.

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