Firms to get concessions for telephones this week

Casa Presidencial said Friday that President Laura Chinchilla has authorized the concessions that give the companies América Móvil and Telefónica the right to provide mobil phone service.

The concessions are a result of more than two years of work by the government. The firms prevailed in a bidding process to win rights to spots on the radio spectrum.

The concessions are the result of the free trade treaty with the United States which required Costa Rica to open its mobil phone market. Costa Ricans opted for the treaty by a slim margin in a referendum in October 2007.

The action by the president now opens the door to the acceptance of the concessions this week by the firms.

This entry was posted in Costa Rica News. Bookmark the permalink.