Friday 19 April 2024

Costa Rica’s 4G Market Share To Hit 23% In 2020

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19 April 2024 - At The Banks - Source: BCCR

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New-5G-Americas-Banner-2-v2(QCOSTRARICA) According to a recent study,  the 4G market share in Costa Rica is expected to reach 23% of the mobile market in 2020, up from the current 5%.

Pyramid Research says penetration of 4G is expected to reach 1.89 million subscriptions, up from 420,000, in a study prepared for industry association 5G Americas.

Smartphone sales in Costa Rica are expected to total 882,000 in 2020 up from the 232,000 Pyramid estimates for 2016.

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Costa Rica’s state-owned operator ICE (operating under the Kolbi brand) last year pledged to invest US$19.9 million dollars on network expansion by the end of 2016 and said mobile customers with LTE-enabled handsets could migrate to 4G for free while prepaid (prepago in Spanish) users would have to sign up to a data plan

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