Friday 19 April 2024

ICE Buys Up Cable Vision

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18 April 2024 - At The Banks - Source: BCCR

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cablevisionlogo-300x225Costa Rica’s state telecom, the  Instituto Costarricense de Electricidad (ICE) has purcahsed pay-TV platform Cable Vision.

“The operation reflects ICE’s aim to actively participate in the cable TV market as a provider, increasing our customers’ offering”, the company said in a statement.

This is ICE’s second recent move in the pay-TV market, launching an IPTV platform – part of the Kölbi Hogar service – in June, through which it offers up to 87 channels, available both in SD and HD.

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ICE had been negotiating the deal for a few months but. However, the SUTEL, the government telecom superintendent, wanted ICE to give up the 350MHz spectrum, in order to have a more fair share of the audiovisual space. The  SUTEL, however, decided to take a back off on 5 November, giving ICE the green light for the Cable Vision deal.

Cable Vision currently offers up to 100 channels on an interactive platform, plus three different Internet packages with speeds up to 4Mb.

 

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