ICE still dominating Costa Rican phone market
The Costa Rican Electricity Institute (ICE), the state-run telecommunications company, continues to dominate the local cellphone market despite the country opening up that market to competition last year.
George Milley, vice president of the Telecommunications Superintendency, said in an interview Monday with Signals Telecom News that ICE maintains control of 80 percent of the cellphone market. The competition, Spain’s Movistar and Mexico’s Claro, keep growing and achieve a combined 100,000 lines per month. But as of now, the telecom brands each own a 10 percent market share in Costa Rica.
Movistar and Claro agreed last year to pay $77 million and $95 million, respectively, to operate cellphone frequencies during the next 15 years in Costa Rica’s newly opened telecom market.
You may be interested
Five things I learned while watching the sun set over El ClásicoAlejandro Zúñiga - October 22, 2018
TIBÁS — It’s difficult to enjoy a spectacular sunset while the concrete grandstand of a 50-year-old stadium shakes haphazardly under…
The Tico Times Weekly Digest: Oct. 22, 2018Alexander Villegas - October 22, 2018
It's Monday everyone. That means it's time for another dose of The Tico Times Weekly Digest. This week's Digest is…
This week in the Peace Corps: Lessons from indigenous communities in Limón provinceCrystal / Regional Peace Corps Leader - October 22, 2018
After four years with Peace Corps Costa Rica, I am reflective about living and working in indigenous communities throughout Limón…