The telecommunications transnational is interested in operating in Costa Rica and it could invest $400 million in infrastructure.
According to Pa-digital.com.pa, Jorge Nicolau, president and manager of Cable & Wireless Panama, indicated that "the guarantee, the efficiency, and the experience of its platform in Panama and in other countries place them as one of the main candidates to reach the more than 4.5 million Costa Ricans."
The government added a reduction in telephone rates and an increase in the bandwidth of internet connections to the measures for dealing with the crisis.
The measure for the expansion of the internet connection bandwidth seeks to increase the competitiveness of micro, small and medium businesses in order to face the global crisis.
The article on Mipunto.com says that "the expansion of the bandwidth will benefit micro, small and medium businesses, as it "will allow them to improve their competitiveness," Arias said at a joint press conference with Pedro Pablo Quiros, president of the state-owned Costa RicaInstitute of Electricity, which is in charge of telecommunications."
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".
The immanent opening of the telecommunications market has led the Costa Rican Electricity Institute (ICE) to design a strategy to compete with multinational companies that arrive in the country.
The state institute plans to meet the challenge by offering the same services as their competitors even before they arrive.
To do this, it is putting together promotional packages that include the sale of celular telephones of the latest generation at a very low cost.
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.