Business Plans of the Instituto Costarricense de Electricidad

ICE plans to join forces with a telecom in order to compete locally and in other countries of the region.

Friday, January 14, 2011


©image: ICE

Eduardo Doryan , President of the Instituto Costarricense de Electricidad, and Orlando Cascante, director of International Affairs, confirmed that the company, whom in the past had the monopoly of communications in Costa Rica, is looking for a partner with expertise in telecommunications to create an alliance that can compete effectively in the now open local market, and to initiate a process of internationalization by providing services in Central America.

The institution is analyzing the financing and identifying market niches which to enter said Cascante.

Mónica Cordero Sancho of Elfinancierocr.com, reported that "the Law to Strengthen and Modernize the Telecommunications Sector allows ICE to enter into strategic alliances and other types of business associations with national and foreign entities, either public or private, to stimulate competitiveness. To implement this correctly, the state owned company published in the Official Gazette on November 17, regulations for strategic alliances and other forms of partnership and collaboration. "

More on this topic

Telephone Operators Seek Customers in Costa Rica

November 2011

ICE, Claro and Movistar are promoting their products and payment plans to corporate clients.

With various promotions and discounts, the main operators in the Costa Rican telecommunications market have begun competing for corporate customers that may want to integrate all their services with one provider.

Complaints about Price Fixing in Cell Phone Companies

August 2011

At the start of privatisation of the cellular market in Costa Rica, the Mexican company Claro is questioning agreements between the Instituto Costarricense de Electricidad (ICE) and the Spanish run Telefónica.

The complaint filed by Claro to the Superintendency of Telecommunications (Sutel) indicates that in the access and interconnection agreement signed between the ICE and Telefonica, there are clauses where both companies are committed to not charging prices below the cost of services rendered, considering interconnection charges as a common expense to both parties.

Price Fixing in Mobile Phone Companies Prevented

September 2011

The Costa Rican regulator has prevented telephone companies Telefónica and ICE from agreeing on tariffs for end users within a contract for interconnecting their networks.

The company Claro filed a complaint to the Superindendency of Telecommunications (Sutel), which stated that the access and interconnection agreement signed between the Instituto Costarricense de Electricidad (ICE) and Telefónica, contained clauses where both companies agreed not to charge prices below the cost of services provided, considering the interconnection charges as a cost common to both.

Halting of RACSA Trust Denied

July 2010

Costa Rica’s Banco Nacional denies that the $360 million trust to expand high-speed Internet has been cancelled.

Eduardo Doryan, head of the country’s state-owned electricity and telecommunications provider (ICE), had declared that without the trust, the high-speed internet investment was impossible, because an institution the size of RACSA could not possibly finance such a huge project.

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