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RACSA to phase out Fullmovil

Radiográfica Costarricense S.A. (RACSA), a subsidiary of state-owned ICE, will phase out its Fullmovil mobile virtual network operator (MVNO) over the next month to concentrate on its corporate business, reports El Financiero. Fullmovil was acquired by Grupo ICE back in 2014, but the MVNO has...

ICE Continues To Cover RACSA Losses

QCOSTARICA - At the expense of consumers  by way of prices for energy and telecommunications, the Instituto Costarricense de Electricidad (ICE) covered Radiográfica Costarricense (Racsa) losses with loans and an injection of capital. The ICE subsidiary, whose inefficiency has been proven, continues the country's bad...

State Telecom Racsa Returns Block of Frequencies

QCOSTARICA - The state telecom, Radiografica Costarricense (Racsa) has returned a block of frequencies for telecommunications services that it was not using, reports El Financiero. This was confirmed by Deputy Minister of Telecommunications, Emilio Arias, and Racsa general manager, Francisco Calvo. Both denied that the partial...

ICE Declares RACSA “A State Secret”

(QCOSTARICA) The directors of the Instituto Costarricense de Electricidad (ICE) want to keep the affairs of its subsidiary, the Radiográfica Costarricense (RACSA) from the public, declaring secret the financial information of the state telecom. The decision, to keep all information confidential and from the public...

ICE Reports a ¢83 Billion Loss For 2014

(QCOSTARICA) The Instituto Costarricense de Electricidad (ICE), the electricity monopoly, state telecommunications company and a player in the Internet server market, closed last year with losses above ¢83 billion colones, partly caused by a strengthening of the U.S. dollar. Most (64%) of the loss was...

RACSA: The White Elephant Makes Its Charge

QCOSTARICA - Costa Rica's state telecom, the Radiografica Costarricense S.A. (RACSA)  plans to get in the black as a company competing with the private sector, finding new allies, but also defining new enemies. The state company, which once was the mother of the Internet in...

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