Tuesday 27 September 2022

Tigo Costa Rica looking to buy local cable providers

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27 September 2022 - At The Banks - BCCR

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Tigo Costa Rica (Millicom) has applied for regulatory permission to acquire local cable communications providers Cable Television Doble R (Cable Max) and Cable Zarcero, reports business daily El Financiero.

Tigo requested approval for the acquisitions from regulator Sutel at the end of June, with anti-trust clearance from Costa Rica’s competition commission also required, said the report.

The operator launched its Tigo One TV platform combining linear pay-TV and over-the-top (OTT) services in April, having last year revealed that it was seeking to acquire assets to grow its local footprint and compete with rivals Claro (America Movil) and Cabletica (Liberty Latin America).

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