11 companies apply to provide cell phone service in Costa Rica
- by crv.staff
- 01.09.10
- 8:22 AM UTC
- Filed in Costa Rica
Source : Tico Times
By : Adam Williams
After several months of delays and schedule changes, the office of the Telecommunications Superintendent (SUTEL) began accepting applications Tuesday from companies interested in competing in Costa Rica’s cellular telephone market. By 12 p.m., SUTEL reported that 11 companies had applied.
The country’s cell phone market was opened to private competition with the entry into force of the Central American Free-Trade Agreement with the U.S. (CAFTA) on Jan.1, 2009. The state-owned Costa Rican Electricity Institute (ICE) has been the country’s sole telecom services provider for decades.
Over the course of the next 45 days, applications will be accepted from interested companies that meet conditions set by SUTEL. These include proof of having provided cellular phone service for over five years in at least one country, have a minimum of 1.8 million subscribers, having been involved in the opening of a new market in at least one country and earning over $450 million per year in mobile services.
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