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Slim’s Flagship Telecom Shudders Into Biggest Loss In 16 Years

Mexico's America Movil, the crown jewel of Mexican billionaire Carlos Slim’s empire, better known as "Claro", with extensive operations in Costa Rican and Central America, reported its largest loss in 16 years in the fourth quarter, hampered by the Mexican peso’s depreciation against the...

Costa Rica Telecom Market up 4%; State Telecom ICE Loses Ground, Competition Gains

Costa Rica’s telecommunications sector posted revenues amounting to ¢394 billion colones (around US$693 million dollars) in the first half of 2017. La Nacion report cites the latest data from regulator Sutel. The market was dominated by state-owned operator ICE, whose Kolbi mobile brand accounted for 52%...

Sutel Was (Finally) Able To Award Blocks of Radio Spectrum Frequencies

Costa Rica's Superintendency of Telecommunications, the Superintendencia de Telecomunicaciones (Sutel) said it awarded the 70 MHz of spectrum to Mexico's America Movil (Claro) and Spain's Telefonica (Movistar). Both Claro and Movistar currently compete against the state telecom, ICE (Kolbi) for the mobile telephony and internet...

Costa Rica Mobile Subscribers Up 10.5% To 8.3 Million in 2016

  Q COSTA RICA - Mobile telephony subscribers in Costa Rica rose 10.5% to 8.33 million in 2016, an increase of 795,000 new mobile lines, of which almost 8 in 10 corresponded to the prepaid services, according to a report from the telecommunications regulator, the...

Claro Central America revenues up 3% on fixed line boost

Q24N - America Movil’s Central American units, operating under the Claro brand, reported first-quarter revenues of US$568 million, up 3.0% year-on-year thanks above all to an 8.0% rise in fixed line subscriptions, including a 16.6% surge in broadband accesses. Mobile service revenues were up 1.2%...

Competition in Telecommunications Is Being Put to Public Consult

(QCOSTARICA) If the Superintendencia de Telecomunicaciones (Sutel) - Superintendency of Telecommunications -  proposal is approved, starting in December postpaid mobile phone services and fixed Internet would be without tariff regulation, as announced by the state regulator on Friday. The change would open up competition in...

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