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US company announces purchase of Telefónica (Movistar) in Costa Rica

(QCOSTARICA) Liberty Latin America announced the signing of a definitive agreement for the purchase of the operations of the Spanish company Telefónica (operating under the Movistar brand) in Costa Rica. The information was released by the company in a statement this Thursday, July 30. The cash...

Telefonica to sue Millicom over aborted Costa Rica purchase

Telefonica is set to take legal action against Millicom in U.S. courts over the aborted sale of its subsidiary in Costa Rica, citing a submission to market securities regulator. Millicom reached an agreement to acquire 100% of Telefonica’s mobile telecommunications assets in Costa Rica, Movistar,...

Kölbi, Claro and Movistar to offer Xiaomi phones in Costa Rica

Mobile phones of the fourth mobile device producer in the world will soon be available in Costa Rica, included in the cell phone plans by Kölbi, Claro and Movistar. Xiami will also open its first official store in Multiplaza Escazú on December 1, allowing Ticos...

Purchase of Movistar (Telefonica) in Costa Rica Approved

The Superintendencia de Telecomunicaciones (Sutel) - Superintendence of Telecommunications - authorized the purchase of Telefonica in Costa Rica (operating under the Movistar brand) by Millicom. The sale of Telefonica'a shares in Costa Rica to Millicom was announced in February 2019. For the authorization, the Sutel argued...

Kölbi aims to contain Tigo in Costa Rica

Kölbi stepped up its 4G coverage ahead of the expansion of Tigo's cellular service, whose purchase of the Movistar services in Costa Rica is soon to be approved. Kölbi, the brand of the state-owned Instituto Costarricense de Electricidad (ICE), is spending millions of dollars on...

Huawei Costa Rica says their devices will continue to function normally

Huawei Costa Rica officially reaffirms users in Costa Rica that their devices will continue to function normally, and that they have the full support of the company. The company ensures that the existing Huawei smartphones and tablets, both those that were already sold and those...

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...

Millicom enters the mobile telephony market in Costa Rica with the purchase of Telefónica

Millicom International Cellular S.A., operating in Costa Rica under the Tigo brand, has announced an agreement to acquire Telefonica’s mobile telecommunications assets in Panama, Costa Rica and Nicaragua for a total of US$1.65 billion dollars in cash. The transaction is subject to customary closing conditions,...

What will happen to Movistar customers if it leaves Costa Rica?

Last Thursday, Telefonica, operating in Central America under the Movistar brand, announced the sale of its operations in Guatemala and El Salvador to Mexico's America Movil (Claro) for US$648 million dollars. In addition, the Spanish company continues to look for a buyer for the rest...

Telefonica Looking To Sell Its Opertaions In Costa Rica And The Region

Spain's Telefonica, which operates in Costa Rica and Central America under the Movistar brand, is looking for a buyer. "Within the framework of its portfolio management policy based on a strategy of value creation and strategic positioning, it is in the process of negotiating the...

Telefonica (Movistar) close to selling Guatemala and El Salvador units

Telefonica, under its brand Movistar and the second largest in terms of users mobile operator in Costa Rica, is close to finalising the sale of its Guatemala and El Salvador units for a total of around EUR 530 million (US$600 million dollars). The Spanish business...

Fiscalia Raids Movistar For Alleged Tax Fraud

The Fiscalía Adjunta de Delitos Económicos y Tributarios (Deputy Prosecutor for Economic and Tax Crimes) Tuesday morning raided the offices of Movistar to collect information about an alleged tax fraud that exceeds ¢1.25 billion colones. The search and seizure, endorsed by a judge, began at...

Telefonica exploring sale of Mexico, Central America units – report

Telefonica, the operator of Movistar in Costa Rica and Central America, is exploring the total or partial sale of its Mexican and Central American units with a view to urgently reducing its debt pile and boosting its share price, according to unnamed sources cited...

Movistar, Claro Finalize Costa Rica Spectrum acquisition

Costa Rica's Comptroller General's Office (Contraloria) has confirmed that Movistar (Telefonica) and Claro (America Movil) proceeded with the payment of US$24 million and US$19 million respectively to secure a total of 70MHz of additional spectrum. The confirmation allows for completing the tender, in which the...

Increase in Mobile Phone Penetration

In 2017, the number of mobile telephone lines per 100 inhabitants was 179, 5% higher than the 170 reported in 2016. Authorities reported that the historical behavior of the indicator shows that "... from 2006 to 2013, increases in penetration were observed year after year....

ICE Looking To Become Regional Telecom Player

Costa Rica's state-owned telecom operator, the Instituto Costarricense de Electricidad (ICE), is finalizing plans to become a major telecommunications player throughout Central America and a rival to market leaders Claro (Mexico's America Movil) and Movistar (Spain's Telefonica), reports La Republica. According to the telecoms director...

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%...

Court Annuls Fine Against ICE

Costa Rica's contentious-administrative court (Tribunal Contencioso Administrativo) has annulled a fine of ¢2.18 billion (2.157.826.200) colones (around US$4 million dollars) imposed by the Superintendency of Telecommunications (Sutel) against ICE. The telecom regulator fined the state-owned company, the Instituto Costarricense de Electricidad (ICE) for monopolistic and...

Costa Rica Lifts Price Controls In Mobile Telecom Market

The Superintendencia de Telecomunicaciones (Sutel) - Costa Rica's Superintendency of Telecommunications - has declared that the country’s mobile market is now considered competitive following a public consultation on its proposal to remove price regulations. The Sutel said there is expected a greater dynamics in...

Telcos Create New packages for Internet Addicts

Subscriptions to mobile internet service demand in Costa Rica has increased 26% in the last year, going from 101 to 127 per 100 inhabitants, forcing telcos to change their offers. Kölbi (ICE), for example, has added the new package "en todas" (in all) and a...

Costa Rica’s ICE Accelerates LTE Rollout

Costa Rica's State power and telecommunications company, the The Instituto Costarricence de Electricidad (ICE), announced an acceleration of its 4G-LTE rollout over the past year, with the installation of a total of 452 pieces of LTE equipment in strategic sites all over the country....

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...

Costa Rica mobile telephone penetration surges to 170%

QCR - Mobile phone penetration in Costa Rica has surged from just 33% in 2006 to over 170% in 2016, according to a report from the country's science, technology and telecommunications ministry, the Ministerio de Ciencia, Tecnología y Telecomunicaciones (Miccit). The figure emerged from a...

Movistar Costa Rica Offers Free Music and Video

Q TECH - Mobile operator, Movistar Costa Rican (Telefonica) has launched a series of exclusive free data offers on selected music and video apps for prepay and postpay customers, reports El Financiero. In the case of postpaid customers, when purchasing or renewing their plan, they...

Costa Rica’s Mobile Telehone Operators Have One Minute To Answer Customer Service Calls

Q COSTA RICA - Costa Rica's mobile operators have six months to improve their customer service department response times, taking no longer than one minute to answer calls from customers. The  Superintendencia de Telecomunicaciones (Sutel) - Superintendency of Telecommunications - found that customers spend 10,...

Tigo Prepares To Enter Costa Rica Mobile Market

Q COSTA RICA / Costa Rica may soon have a fourth Mobile Services Provider, as Tigo (Millicom) is preparing to enter the Costa Rican mobile market by bidding for the 70 MHz spectrum in the country’s forthcoming tender, reports El Financiero. Tigo, which already provides...

The Best Mobile Phone You Can Buy

(From The Verge) It’s been a wild year in the smartphone world, we’ve seen everything from modular phones, to exploding phones, even an iPhone that can get wet. Smartphones have been integral parts of our lives for nearly a decade now, but there’s still...

ICE Couldn’t Keep The Lid On Its Can of Beans

TICO BULL by Rico – I can remember, as little as a few years ago during Costa Rica’s opening of the telecommunications sector, the state telecom, ICE, doing all its ‘legal’ might to block it. After that loss, it concentrated on blocking, albeit temporarily, new...

Kolbi Launches Music Service

(QENTERTAINMENT) Costa Rica's state-owned telecom operator ICE, under its Kolbi brand, has officially launched a new music streaming app dubbed Kolbi Musica in a bid to compete with rival streaming services from Claro and Movistar. The service currently offers access to 25 million songs for...

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...

Free Wi-Fi “Hotpost” In Parks and Town Squares Project To Begin Next Year

(QCOSTARICA) The Espacios Públicos Conectados (Public Spaces Online) project that seeks to bring free wireless internet access or "hotspots" to residents of 72 cantones (counties) across the country will begin next year. Between 2017 and 2022, some US$32 million dollars from the National Telecommunications Fund...

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