Q COSTARICA
Costa Rica’s cable television, IP telephony, and cellular phone market could be concentrated in the hands of a few with the recent news of a possible merger between Liberty Latin America, that recently purchased a major stake in Cabletica and Millicom, which operates in Costa Rica under the Tigo brand.
Although it would be a global merger, Liberty must request the approval of the merger from the local authorities in Costa Rica
Although the merger, if one occurs, is global, both companies require the approval of the Superintendencia de Telecomunicaciones (Sutel) – Costa Rica’s telecom regulator and the Comisión de Promoción de la Competencia (Coprocom) – competition commission.
The objective of the Sutel and Corpcom is preventing market dominance and protect consumers.
On January 14, Liberty Latin America confirmed
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