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ITS InfoCom
The amount invested will increase to $5.2 million in 2011 and the number of ITS InfoCom “knowledge workers” is expected to go from 71 to around 150.
Costa Rica president, Laura Chinchilla, inaugurated the ITS InfoCom's new Bogota facilities on Friday. The company provides integrated telecommunication, IT and multimedia services.
"Costa Rica, through ITS InfoCom, is taking part in Colombia's technological development," the president told a meeting of businesses, public sector employees and professionals. "I am pleased to see the progress made by the leading Costa Rican company in information technology and communication," she added.
ITS InfoCom's clients are made up of telecommunications operators such as Comcel, ETB, Millicom, Telefónica, Telmex, Tigo and Une as well as multinational corporations such as Argos, British American Tobacco, Grupo Bancolombia, Grupo Nacional de Chocolates, Icetex, Monsanto, Promigas, Terpel, TransUnion and WorleyParsons.
Vladimir Vargas, ITS InfoCom president and CEO, commented that, "our mission in Latin America is to facilitate links between people and communities".
More on this topic
November 2011
The multinational computer services company from Costa Rica has received capital investment from Aureos Capital Ltd., Capital Creation and E3 Capital.
A press release ITS InfoCom reads:
ITS InfoCom receives $20 million in investment
• The Funds will be used to boost the multinational infocommunication company
September 2009
The resources will be used in the company's regional expansion process.
The investment was done by private capital management company Aureos.
ITS Corporate Relations director, Armando Vargas, told Nacion.com: "... the company wants to enter Puerto Rico and the U.S. ....We also want a stronger presence in Panama and to explore the possibility of expanding to Mexico".
December 2011
The president of Costa Rica Laura Chinchilla is meeting with representatives from the Swedish company that designed an open network that would bring high-speed connections to Costa Rican homes.
After the state run company Radiographic Costarricense (RACSA), a subsidiary of Grupo Instituto Costarricense de Electricidad (ICE), rejected the project, despite recognizing the benefits it would bring to the general population, arguing that "it was not good business for the group ", the theme is being taken up by the aforementioned president, who has apparently questioned the decision to abandon the project.
June 2010
The opening of the telecommunications market in Costa Rica could create 3.500 jobs in the short term.
This was one of the conclusions of a forum called “Opening of the Telecom Market: What is in store for us?”
Its participants also agreed that “once the activity is set loose, it could become one of the drivers of economic growth”.
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