Costa Rica: State Telecom Acquires Cable Vision

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.

Friday, December 6, 2013

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 company explained that "the purchase reflects the interest of the ICE in participating actively, as a provider of cable television services and offering Costa Ricans other attractive deals."

The negotiation was concluded after in early November the Board of the Telecommunications (Sutel) eliminated the condition imposed on the ICE to return a 350 MHz spectrum if it intended to buy Cable Vision.

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Costa Rica: Multi Million Dollar Fine and Suspension for State Telecom Company

June 2015

The Disputes Tribunal has ordered a halt, temporarily, of the $4 million fine imposed on the Costa Rican Electricity Institute for engaging in monopolistic practices.

The fine imposed by the Superintendency of Telecommunications (Sutel) has been temporarily suspended, confirmed the Regulation director of the Costa Rican Electricity Institute (ICE) to Crhoy.com .

Costa Rican State Telecom Will Not Concede Frequencies

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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).

Costa Rica: Telecoms Merger Made Conditional

October 2012

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.

Competition for Buying Cable Company in Costa Rica

January 2012

Along with two other private sector competitors, the state run Costa Rican Institute of Electricity intends to buy Cable Vision.

The state-owned Instituto Costarricense de Electricidad (ICE) aims to break into the business of cable television and is bidding for the company Cablevision.

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