Tag Archives: Sutel

Millicom cancels Telefonica’s operations acquisition agreement in Costa Rica

Millicom officially reported last May 2nd its decision to cancel Telefonicas operations acquisition agreement in Costa Rica, valued at USD 570 million and reached on February 20th, 2019. The company justified its determination supporting that, according to the agreement ran with Telefonica, in case of finding pending issues on the required regulatory conditions, as of [...]

Sutel approves Millicom-Telefonica merger in Costa Rica

The Costa Rican Telecommunications Superintendence (Sutel), responsible for regulating the telecommunications market in Costa Rica, approved the merger request presented by Millicom Cable Costa Rica S.A. and Telefonica de Costa Rica S.A. in an official statement.  The operation was approved by Sutel because, according to the regulator, there is no evidence of potential anti-competitive effects [...]

Costa Rica adds pay TV subscribers and loses FTA accesses in 2018

In its 2018 Telecommunications Statistics Report, Costa Rican Telecommunications Superintendency (Sutel) recorded 883,883 pay TV subscribers in the country. Clients in the market has been rising in the last five years and, related to 2017, it added 51,976 subscribers.  According to what Sutel officially reported, Costa Rican pay TV recorded 732,546 subscribers. The previous mentioned [...]

Telefonica Costa Rica and Tigo’s merger is in economic analysis phase

The authorization request for Telefonica Costa Rica and Millicoms merger -which operates in Latin America under the Tigo brand- made a two-steps more advance in the process, which is still being developed at the Telecommunications Superintendence (Sutel). According to the entity, the request has already finished the admissibility phase and the economic analysis was started. [...]

ICE to assume Cable Vision’s operations in Costa Rica on September 1st

Costa Rican Electricity Institutes (ICE) Board of Directors defined that the pay TV and residential internet company Cable Vision will give its operation rights and obligations to it, in order to strengthen services offered by the cable company. It has ceded ts rights to ICE on April 10th, and will take on its operations, services [...]