Congress approves law that eliminates ICE monopoly

6 May 2008

Costa Rica’s Congress has approved the new general telecoms law which will end state-owned incumbent ICE’s monopoly on the fixed line and wireless telecoms markets. The new law permits domestic and foreign-owned companies to enter the mobile, internet and IP telephony segments, previously the sole remit of ICE. The law also calls for the creation of a telecoms-specific regulator (Sutel), which will be administrated by Costa Rica’s public utilities regulator Aresep.

Costa Rica, Grupo ICE, Grupo ICE (Kolbi)