Costa Rica : Private Telecoms Gain Ground in Cellular Market

The Instituto Costarricense de Electricidad's share in the mobile phone market fell to 65%.

Thursday, March 13, 2014

At the end of 2012 Instituto Costarricense de Electricidad (ICE) owned a 79% stake in the mobile market, and this was reduced to 65% in September 2013. That portion of the market was taken over by the foreign competitors Claro and Movistar.

According to figures from the Telecommunications regulator mentioned in an article on , "up to September 2013 the ICE had 4,278,183 active lines, which represents an increase of 0.7 % compared to the 4,248,684 lines it had in the last quarter of 2012."

Meanwhile, "Claro and Movistar, totaled 686,000 and 571,000 lines respectively, during the first nine months of 2013. Claro in 2012 had 9% of the cellular market and Movistar 7%, but up to September each of them gained 16%".

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