Cold as ICE: Sutel orders the return of 350MHz of spectrum as part of Cable Vision takeover

12 Oct 2012

Costa Rican regulator Superintendencia de Telecomunicaciones (Sutel) has given state-backed telco Grupo ICE the green light to acquire 100% of cable TV and internet service provider (ISP) Cable Vision. In order to ‘ensure healthy competition in the market’ Sutel has imposed certain conditions on the deal, including the return of some 350MHz of spectrum holdings: 1880MHz-1920MHz, 2520MHz-2620MHz, 2640MHz-2690MHz and 3440MHz-3600MHz. Sutel added that the returned frequencies will be auctioned at a later date. Also on the list of conditions were obligations to: provide separate accounts for Cable Vision and ICE; grant access to essential infrastructure to competitors ‘where technically feasible’; seek Sutel approval for any promotions or new packages including cable TV services; and suspend existing Cable Vision contracts without penalty to allow customers the choice to continue with the service or not. Finally, ICE may not directly or indirectly participate in the acquisition of other companies providing cable TV.

Costa Rica, Grupo ICE, Grupo ICE (Kolbi), Radiografica Costarricense (RACSA)