Tag Archives: Central America

New Mobile Operators in Costa Rica disrupt ICE

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The two new mobile networks in Costa Rica have signed up around 500,000 customers since they launched last December.

According to Inside Costa Rica, Telefonica’s Movistar has some 300,000 customers, while America Movil’s Claro network has the remaining 200,000 customers.

It was not clear yet if these are customers closing their account with the former incumbent network, ICE or if they are holding dual SIM cards.

Both Telefonica and America Movil were granted licenses last January to break the monopoly held by ICE. The two companies paid US$95 million and US$77 million respectively for their licenses.

The government was obliged to open up the market to competition as a condition of entry into the Central American Free-Trade Agreement.

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Millicom to Offer Mobile Money Transfer Services in Latin America

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Western Union has signed an agreement with Millicom to introduce cross-border mobile money transfers in Latin America though Millicom’s Tigo branded mobile networks.

The first cross-border money transfer service under this agreement will be launched soon in Paraguay under the Giros Tigo brand (Tigo Cash). The service will be rolled out over time in other markets in Latin America.

Specific services under this agreement will vary by country, but over time, Tigo customers in most of Millicom’s Latin American markets will be able to receive money from Western Union customers directly into their mobile accounts. They will also be able to cash out transactions at any Tigo location offering the Giros Tigo facility.

Millicom offers Mobile Financial Services and in particular in-market money transfers in Paraguay, El Salvador, Guatemala, Honduras, Tanzania, Ghana and Rwanda and will extend its offering to more services and into more markets over time.

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Claro launches mobile operations in Costa Rica

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Claro has activated its first mobile lines in Costa Rica. Claro has also opened its first mobile shops at six local shopping centres located in Heredia, Alajuela, Escazu and Tres Rios (La Union), Inside Costa Rica reports, citing Ricardo Taylor, head of Claro’s operations in Costa Rica.

Claro’s network currently covers the Greater Metropolitan Area, and will be gradually expanded across the country.

See the Claro Costa Rica and Ricardo Taylor records in Latin Target.

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America Movil will acquire Digicel in El Salvador & Honduras

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America Movil will acquire Digicel’s businesses in El Salvador and Honduras in exchange for America Movil’s Claro business in Jamaica. Financial terms of the transaction have not been disclosed. However, there will be a net cash payment to Digicel. The transaction is subject to regulatory approvals and is scheduled for completion in the second quarter.

See the Claro Jamaica and Digicel Honduras and Digicel El Salvador records in Latin Target.

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Digicel passes 11 million customers milestone

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Mobile operator Digicel has reached 11 million customers across the 32 worldwide markets where it currently operates. Digicel provides mobile communication services across the Caribbean, Central America and the Pacific. Digicel reports its customer base has increased by 10 percent year-on-year, while its market share has also grown quarter-on-quarter in all of its major markets (El Salvador, Haiti, Jamaica, Papua New Guinea and Trinidad & Tobago).

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