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.
Millicom International Cellular S.A today announced that Millicom and its local partner in Honduras have reached an agreement that gives Millicom full control of Celtel, its Honduran subsidiary.
Under the revised shareholders' agreement, the local partner has granted Millicom an unconditional call option for his 33% stake for the next five years. Millicom has granted a put option for the same duration to the local partner in the event of a change of control of Millicom.
A study by Signals Telecom Consulting estimated that in 2015 Salvadoran telecommunications companies will sell more than $1.870 million.
“This is because companies have already started to create ‘combos’ with their services (landline, mobile, cable and Internet), in order to increase their revenues and retain more customers”, reported Laprensagrafica.com.
El Salvador is the first country in Central America where there was a complete merger.
Tigo’s parent company, Millicom International Cellular S. A., invested $14 million to expand Amnet's network in the country.
La prensagrafica.com reported statements by Ignacio Baratelli, CEO of Tigo El Salvador: "Amnet is now Tigo. Beginning today, all customers are covered under the same Tigo Banner. Integration of the two companies represents 800 direct and approximately 5 thousand indirect jobs and over 45 thousand outlets in El Salvador, of which 60% are micro businesses."
With this transaction, Millicom International Cellular controls 100% of Navega.
Navega was created in 2000 by Comcel which is part of Millicom, the Spanish company Iberdrola, EDP in Portugal and Teco Energy in the US, and it provides data transport services in Guatemala, El Salvador, Honduras and Nicaragua.
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.
The Swedish firm Millicom has purchased the telecommunications company AMNET for 510 million dollars, and will acquire its 350,000 cable clients in Honduras, Costa Rica and El Salvador.
AMNET offers services of cable television, telephone and internet as a multimedia "Triple Play" package.
The company has the biggest fiber optics network in the region and is the largest cable company in El Salvador and Costa Rica.
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.
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.