Tag Archives: Costa Rica

Telefonica would also sell subsidiaries in Costa Rica, Nicaragua and Panama

After América Movil bought Telefonica’s subsidiaries in Guatemala and El Salvador, the Spanish company accelerates negotiations to sell its branches in Costa Rica, Nicaragua and Panama, for a value that would surpass USD 570 million. According to Spanish newspaper ‘El Economista’, favorite to acquire them would be Millicom, although there would also be interest from [...]

Olympic Channel and Claro Sports will broadcast Olympic content in Latin America

Claro Sports announced an alliance with Olympic Channel to bring Olympic programming to 17 Latin American countries through its OTT, Marca Claro and Claro Video. Programming will be available in Argentina, Bolivia, Chile, Colombia, Costa Rica,  Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela. Programming will include Olympic [...]

Telefonica advances with Central American operations sale

Telefónica is holding negotiations to sell its businesses in Central America. The company’s subsidiaries in Costa Rica, Nicaragua, Panama and Mexico are added to those of Guatemala and El Salvador, for which it had already begun conversations. According to the company’s official report, it is “in a negotiation process for its Central American assets sale, [...]

ICE files complaint for Cable Visión’s purchase in 2013

Costa Rican Institute of Electricity (ICE) made a complaint to Public Ministry for Cable Visión of Costa Rica purchase, in 2013, when the company was in decline.The complaint is focused on applying responsibilities to officials or thirds who have taken part of the purchases process.. Complaint is based on documents and facts analyzed around the [...]

Costa Rica’s ICE absorbs Cable Visión business

The Costa Rican Electricity Institute (ICE) has assumed the rights to operate its subsidiary Cable Visión. The state-owned company said in a statement that all Cable Visión services will continue operating normally. “The assignment of rights and obligations will allow maintaining and strengthening the offer of telecommunications and Internet services provided by the cable company, [...]

Tigo One TV adds HBO app in Costa Rica

Tigo One TV platform, which combines linear TV with VOD, announced the integration of the HBO app in Costa Rica. The service also includes access to Crackle, Fox and YouTube. The new HBO app allows unlimited access to more than 2,000 exclusive titles of the network, of which 70% correspond to movies and the rest [...]

Liberty completes acquisition of Cabletica

Liberty Latin America announced that it has completed the acquisition of an 80% stake in Cabletica, a leading Costa Rican cable operator. The company was acquired for an enterprise value of CRC 146 billion (approximately USD 250 million) Televisora de Costa Rica, the former owner, will maintain the remaining 20% interest. The deal had been [...]

Tigo increases residential internet speeds in Costa Rica

Tigo Costa Rica will increase the Internet speed to residential customers of the Greater Metropolitan Area (GAM in Spanish), free of charge and automatically. The process began on September 20 and will continue, progressively, for a period of 45 days. The company said that customers that are outside the GAM will receive this benefit in [...]

Millicom receives approval to buy two regional cable operators in Costa Rica

Costa Rica’s Telecommunications Superintendency (Sutel) has approved the acquisition of Cable Zarcero and Cable Max by Millicom, which operates in the country under the Tigo brand. According to the regulator, there were no indications of potential adverse effects for the competition derived from the acquisition of both companies. The transaction includes the commercial operation, the [...]

Tigo Sports launches in Costa Rica

Tigo Costa Rica has launched, on a trial basis, the sports network Tigo Sports, following an agreement with Mexican group Multimedios Televisión, La Nación reported. It will be officially launched in the coming weeks and will be available in digital TV and HD packages in channels 709 and 9. The programming will have a high [...]