Multinationals in rush for Costa Rica's new, open cellphone market

Costa Rica's cellphone market was officially opened to competition, and multinationals are lining up to go into battle with the Costa Rican Electricity Institute (ICE) which has held a monopoly so far.

Wednesday, June 4, 2008

The multinationals see potential for growth in the high traffic, unsatisfied demand and absence of a pre-paid system. Besides, Costa Rica is the missing link in Central American cellphone coverage; the multinationals are present in every other country.
Companies interested in investing in the Costa Rican cellphone market include Mexico's América Móvil, Spain's Telefónica, Ireland-based Digicel, and Luxembourg-based Millicom.

More on this topic

Costa Rica finally opens its doors to telecoms investment

July 2008

The telecommunications monopoly that the government's Costa Rican Electricity Institute (ICE) exercised for five decades has finally been overthrown.

The necessary changes to the telecommunications law were put into effect by publication in the official daily, La Gaceta.
Leading companies in wireless telephony and Internet are poised to enter the new market.

Costa Rican Telecoms Market Shakes Up

July 2010

The upcoming publication of the conditions for the opening up of telecommunications leads operators to request clearer rules.

Telecommunication companies have asked Costa Rica's Telecommunications Regulator (SUTEL) to provide greater clarity in several areas including procedures for installing Radio Bases, interfacing with networks belonging to the state-owned electricity and telecommunications provider (ICE), and microwave communication.

Costa Rica attracts Millicom and Digicel

September 2008

At the end of 2013 mobile phone services in Costa Rica will have reached at least $1,1 billion, according to calculations by market analyst, Signal Consulting.

The forecast is based on the potential created by the opening of the sector after the creation of the Telecommunications Superintendence (SUTEL), which will paved the way for the entrance of new competitors in the local market.

Paid TV and Broadband Market

April 2010

In 2015 Central America will sell $2 billion in paid television and broadband services, both wireless and cable.

A report from consulting company Signals Telecom foresees a battle in broadband services, as the average speeds offered in Central America are below South American and Caribbean averages.

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