The Instituto Costarricense de Electricidad has said that it plans to build a six-story building on land it owns in order to reduce current spending on renting offices.
From a statement issued by the Costa Rican Electricity Institute (ICE):
The Instituto Costarricense de Electricidad (ICE) plans to build a building which would house, in 2016, 610 members of staff currently located in ten different sites rented by the company in the greater metropolitan area.
The Instituto Costarricense de Electricidad has consolidated its leading position in the market without having to return frequencies as initially conditioned by the Telecommunications Superintendency.
Nacion.com reports: "... the company specializing in cable television and broadband internet (via cable modem) services became part of Grupo ICE as a subsidiary company." The state run telecommunications company has not yet reported the amount of the commercial transaction.
The Superintendency of Telecommunications has revised its decision to make the return frequencies conditional for cable companies merging with the Instituto Costarricense de Electricidad.
The purchase of the cable company Cable Vision by the Instituto Costarricense de Electricidad (ICE) had been conditional by the Superintendency of Telecommunications (SUTEL) on the waiver of airwaves segments: from 1880 MHz to 1920 MHz (40 MHz), 2520 MHz to 2620 MHz and 2640 MHz to 2690 MHz (150 MHz) and the segment of 3600 MHz to 3440 MHz (160 MHz).
The labor union of the Costa Rican Electricity Institute (ICE) has convened a national strike in protest against recent actions by the Superintendency of Telecommunications (SUTEL).
Jorge Arguedas, president of Annttec, one of the state unions, explained that the Superintendent has taken specific actions against the ICE, such as the recent requirement of the return of frequencies as a condition for authorizing the acquisition of Cablevision.
The purchase of the cable company Cable Vision by the state run ICE is subject to the waiver of several airwave segments.
A statement by the Telecommunications (SUTEL) reads:
SUTEL gives conditional authorization for ICE to purchase cable company
The Board of the Telecommunications (SUTEL), through Resolution 291-2012 RCS-October 3, has given approval for the Instituto Costarricense de Electricidad (ICE) to purchase 100% of the shares of Cable Vision, subject to certain conditions to ensure healthy competition in the market.
The opening up of the telecommunications sector in Costa Rica promotes modernization and increased supply of cable TV services.
Nación.com reports that "The entry of the Instituto Costarricense de Electricidad (ICE) with television services, and other new entrants such as Claro and Repretel with satellite television, predicts a sharp rise in subscription services, as radical as those of mobile telephony. "
Grupo ICE, composed of the Costa Rican Electricity Institute (ICE) and its subsidiaries Radiográfica Costarricense (RACSA) and Compañía Nacional de Fuerza y Luz (CNFL), joined the Chamber of Information and Communication Technologies of Costa Rica (CAMTIC) as a strategic partner since June 2009.
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