Tigo requests authorization to acquire two regional cable operators in Costa Rica

Tigo (Millicom) submitted to Costa Rica’s Telecommunications Superintendency (Sutel) two requests for concentration authorization to move forward with the purchase of regional operators Cable Televisión Doble R, which uses the Cable Max brand, and Cable Zarcero S.A, El Financiero reported.
The requests were submitted by Millicom Costa Rica at the end June. Sutel has already started the analysis process. Subsequently, the opinion of the Commission for the Promotion of Competition, which belongs to the Ministry of Economy, Industry and Commerce, should be requested.
The operation consists of the purchase of the “commercial establishment that includes the client portfolio and some assets” of these operators, according to the report of the local media.
In April 2015, Sutel ruled against the purchase of Telecable by Tigo alleging risks to the competition in the country. Tigo is the main operator of the Costa Rican pay TV market. It competes with Claro and with Cabletica, a company that was 80% acquired by Liberty Latin America.