Grupo Instituto Costarricense de Electricidad (Grupo ICE) – which acquired Cable Vision de Costa Rica (CVCR) back in 2013 – has announced that it will finally assume control of the cableco’s operations, services and networks on 1 September 2019. The final approval was granted last month, after an examination of the technical, commercial, financial and legal aspects of the transfer.
At the time of the original takeover, the Superintendency of Telecommunications (Superintendencia de Telecomunicaciones, Sutel) ordered ICE to: provide separate accounts for Cable Vision and ICE; grant access to essential infrastructure to competitors ‘where technically feasible’; and refrain from the acquisition of other domestic cable operators.
San Jose-based Cable Vision chiefly operates in the capital, with additional coverage of Heredia, Alajuela and Cartago. The cableco currently offers maximum download speeds of up to 50Mbps over its HFC infrastructure.