Tuesday 11 May 2021

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% of subscribers, down from 55% percent in the same period in 2016, followed by Movistar (Telefonica) with 25%, up %, and Claro (America Movil) with 22%, up 2% year on year.

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The report added that postpaid subscriptions were up 20% year on year, helping to drive an 11% increase in total mobile subscribers to 8.74 million in the first half of 2017.

Pay-TV subscribers also rose, by 3% year on year, to 827,804 at the end of June 2017.

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