News
Business Plans of the Instituto Costarricense de Electricidad
Source: elfinancierocr.com
Friday, January 14, 2011
ICE plans to join forces with a telecom in order to compete locally and in other countries of the region.
Eduardo Doryan , President of the Instituto Costarricense de Electricidad, and Orlando Cascante, director of International Affairs, confirmed that the company, whom in the past had the monopoly of communications in Costa Rica, is looking for a partner with expertise in telecommunications to create an alliance that can compete effectively in the now open local market, and to initiate a process of internationalization by providing services in Central America.
The institution is analyzing the financing and identifying market niches which to enter said Cascante.
Mónica Cordero Sancho of Elfinancierocr.com, reported that "the Law to Strengthen and Modernize the Telecommunications Sector allows ICE to enter into strategic alliances and other types of business associations with national and foreign entities, either public or private, to stimulate competitiveness. To implement this correctly, the state owned company published in the Official Gazette on November 17, regulations for strategic alliances and other forms of partnership and collaboration. "