Court rejects Tigo’s Telecable takeover lawsuit

12 Apr 2016

Costa Rica’s Administrative Court has rejected a lawsuit filed by Tigo Star against sector regulator the Superintendency of Telecommunications (Superintendencia de Telecomunicaciones, Sutel) regarding its decision in April 2015 to block the merger between Tigo and Telecable. TeleSemana writes that the court has ordered Tigo to pay costs. According to TeleGeography’s GlobalComms Database, Tigo agreed to purchase rival cable TV and broadband provider Telecable in December 2014. Sutel refused to approve the acquisition, however, on the grounds that the merger would reduce competition in the pay-TV market in some areas of the country.

Costa Rica, Millicom Cable Costa Rica (Tigo), Telecable Economico