Price ceilings for all

17 Feb 2010

Costa Rica’s telecoms regulator Sutel has said it will implement price ceilings for all telecoms providers. According to a statement on the regulator’s website, the legislation is designed to allow service providers flexibility in lowering their prices, if needed in a market which is in the process of liberalisation. Currently, the prices of state telecoms incumbent ICE are fixed. The watchdog has not yet decided what the price ceilings will be, but they will apply for all services including mobile telephony, fixed line telephony, international long distance, internet, virtual private networks, VSAT services and text messages.

Currently ICE charges USD19 per month for a 256kbps internet connection. Mobile calls costs CRC30 (USD0.05) per minute at peak rate and CRC23 at the reduced rate.

In related news, by end January 2010 Sutel had authorised 65 operators to offer different types of telecoms services, local daily El Financiero reported.

Costa Rica,

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