Last Thursday, Telefonica, operating in Central America under the Movistar brand, announced the sale of its operations in Guatemala and El Salvador to Mexico’s America Movil (Claro) for US$648 million dollars.
The Movistar brand is the second most imporant cellular operator in Costa Rica.
In addition, the Spanish company continues to look for a buyer for the rest of its business in Central America (Costa Rica, Nicaragua and Panama).
In Costa Rica, the question looms, what will happen to the customers of the country’s is the second most important operator in the mobile telephony, as revealed by data from the Telecommunications Superintendence, the Sutel.
But more, why is it leaving?
According to Gilles Maury, analyst at the consulting firm Deloitte, speaking to La Nacion on the matter, he explained that
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