The Costa Rica News (TCRN) – Costa Rican cable company Millicom (Tigo) and Telecable have requested approval from Sutel to integrate, as reported through a press release.
Norman Chaves, Tigo spokesman, explained that talks between the two companies began months ago. Chaves said, “In a competitive world, companies will become more creative.”
Although it is a merger, Chaves said that it will actually stimulate the market and “make it more competitive.”
Nearly half of households have a cable TV service. In total, 641,000 households had the service in 2013 and 39% of them are subscribed Tigo and 12% to Telecable.
According to the marketing director of Sutel, Walter Herrrera, a request of this type would only be rejected if a firm cannot reach substantial market.
The Tigo spokesman also states that customers from both companies will have access to a greater variety of products and services , and greater geographical coverage.
At this time, Telecable covers areas like Desamparados, Hatillos, Aserrí and San Antonio where Tigo has no coverage. (El Financiero)
The Costa Rica News (TCRN)
San Jose, Costa Rica