Thursday 24 June 2021

Tigo To Invest US$30 Million This Year

Tigo (Millicom) is set to invest US$30 million in Costa Rica this year to substantially expand coverage, double broadband speed and bring DTT to all its customers, reports La Republica, citing the operator’s corporate affairs director Norman Chavez.

The investment is broadly in line with the company’s recent annual capex and is aimed at consolidating its position ahead of the arrival of Liberty Latin America, which recently acquired 80 percent of Costa Rican cable operator Cabletica.

Chavez welcomed the entry of the newly split-off unit of Liberty Global, stressing that Millicom is present in 12 countries and used to competing with big players.

- Advertisement -

“In Costa Rica we are leaders in the internet, IP telephony and cable TV sectors, we have the highest market share and our investment strategy will remain unchanged regardless of the competition,” Chavez said.

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Q Costa Rica
Reports by QCR staff

Related Articles

Internet speed decreases during peaks in service

QCOSTARICA - Ever wonder why your surfing on the Internet slows...

Which cable company offers the best quality of residential Internet?

QCOSTATICA - According to the Sutel, Tigo, Cabletica, ICE, and Telecable...

MOST READ

Flight paralysis from Canada hits Costa Rica’s tourism

QCOSTARICA - The paralysis of flights from Canada last January hit Costa Rica's tourism sector, as Canada was the second source market for tourists...

American woman found lifeless in hotel bathroom in Sabana

QCOSTARICA - A sad discovery occurred this Thursday morning in a hotel located in La Sabana, in San José, the lifeless body of a...

New trends in coffee consumption challenge sector

QCOSTARICA - Changes in consumption habits in terms of times, types of preparation and specialties challenge the coffee sector. Most of the consumers in Costa...

Ortegs regime requests Russia’s armament and military preparation to face “threats of terrorism”

TODAY NICARAGUA – Russian Minister of Defense, Sergei Shoigú, revealed during the IX International Security Conference in Moscow that the Government of Nicaragua requested...

Tico tried to enter via San Jose airport with ¢93 million in cash

QCOSTARICA - A Costa Rican tried to enter the country through the Juan Santamaría International - San Jose Airport - with US$153,244 (the equivalent...

Today’s Vehicle Restriction June 20: only “EVENS” can circulate

Today, Sunday, June 20, only vehicles with "EVEN" ending plates CAN circulate The measure is countrywide and applied between 5:00 am and 9:00 pm, save...

Carlos Alvarado: “Don Rodolfo has my confidence”

QCOSTARICA - President Carlos Alvarado said he has all the confidence in his Minister of Public Works and Transport (MOPT, Rodolfo Méndez Mata, and...

Week immersed in passage of tropical wave, June Solstice and Veranillo

QCOSTARICA - Today, Monday, June 21, is the day of the year when the sun stays the longest on the horizon, therefore it is...

Today’s Vehicle Restriction June 23: plates ending in 5 & 6 CANNOT circulate

Today, Wednesday, June 23, plates ending in 5 & 6 CANNOT circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.