Mobile Phone Operator is Sold

Five years after buying it, the Costa Rican state-owned electric company Racsa decided to close Fullmovil, a virtual operator dedicated to the commercialization of prepaid telephony services.

Monday, March 4, 2019

In February 2014, the Superintendence of Telecommunications announced that Radiográfica Costarricense - already in serious financial difficulties - acquired Fullmóvil, a virtual operator involved in the sale of paid telephony services.

According to Racsa, because of a reorganization of the business, the Fullmobile service will cease to operate on April 1 of this year. Nacion.com explains that "... The exit supposes the suspension of the commercialization of the prepaid service, including the activation of lines, the sale of recharge cards and electronic recharges."

You may be interested in "Telecom: Regional Market Transformed"

"... The decision is announced two months after another virtual operator left the market: Tuyo Móvil. The now extinct company of Televisora de Costa Rica S. A. announced in December the closing of its operations since January 15".



More on this topic

Phones in Costa Rica: 80% Are Prepaid

November 2013

After the opening up of the telecommunications market, the number of postpaid cellular lines are down from 1.6 million in 2010 to 1.1 million as at the end of 2012.

Prepaid connections currently represent 80% of the lines that exist in the country, while two years ago the figure was barely 49%, according to a study by the Telecommunications Superintendency (Sutel).

Phones are Prepaid in Guatemala

November 2013

95% of the 21 million handsets registered as operational in July 2013 are prepaid.

The data was released by the Superintendency of Telecommunications (SIT). "Of every 10 active phones, nine are prepaid and only one uses a payment plan by the company providing the service," reported Prensalibre.com.

Salvadoran Telecoms in All-Out Commercial War

September 2010

Tigo, Claro, Movistar and Digicel have trimmed some of their prices up to 50%, looking for a larger slice of the telecommunications market.

They have implemented various promotions, ranging from lower international, land and mobile phone calls, internet access and cable television to cell phones that can be acquired from as low as $7.

Costa Rica Telecom Market to Grow 136% by 2015

September 2010

The Costa Rican telco market will grow by up to 136% over the next five years as a result of its opening up to new companies.

Of this growth, 79% is expected to be in pre-paid cell phone products, according to a report from Pyramid Research titled, "Costa Rica: Liberalization Will More Than Double Mobile Subscribers by 2015".

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