The mergers and acquisitions being reported in Central America are largely because not all companies in the region are willing to make the heavy investments that the transition to 5G technology will require.
The most recent register of the sale of assets of one of the Central American competitors is the case of Telefónica, which on January 24 reported that for $648 million it sold to América Móvil all the shares of Telefónica Guatemala and 99.3% of Telefónica El Salvador.
Costa Rica is the regional leader in 4G data consumption through mobile devices and 4G networks.
America Movil (Claro) and Telefonica (Movistar) agree that Costa Rica is the country with the highest data traffic in Central America, this is because it is the only country that does not charge for downloading data, but rather by the speed offered by providers.
Institutions and leading companies in Costa Rica are planning to run for the position of administrator of the National Telecommunications Fund.
Some 25 entities or organizations have shown interest in the project to implement the National Telecommunications Fund (Fonatel) which has funds of $180 million.
Some of the stakeholders are: Deloitte & Touche, Ernst &Young, Fundación Comisión Asesora en Alta Tecnología (Caatec), Fundación Costa Rica-Estados Unidos (Crusa), Fundación para la Investigación de la Universidad de Costa Rica (Fundevi) and Microsoft. The complete list can be found on the website of the Superintendencia de Telecomunicaciones (Sutel) at www.sutel.go.cr, reports Nacion.com.
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