Costa Rica Telecom Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Costa Rica Telecom Industry Overview

The Costa Rican telecom market is witnessing increasing competitive rivalry as more companies enter, leading to the gradual consolidation of the market. The major market players are involved in various strategies to expand their market share, including mergers and acquisitions. Some of the major players include ICE Group (Kolbi), Liberty Communications of Costa Rica LLC, Claro Costa Rica, Sky Costa Rica, and Tigo Costa Rica.

April 2024: Claro Costa Rica initiated a trial run of its 5G services, with speeds of up to 1.7 Gbps and significantly reduced latency. The 5G coverage spans key locations, including Bijagua de Upala, the Limón baseball stadium, Mall Internacional, Instituto Tecnológico, City Mall, and the San José municipality.

January 2024: Liberty Latin America (LLA) initiated trials of its 5G network in Costa Rica, marking a crucial step toward its planned commercial launch later this year. The company has planned 5G services testing in two key locations: the Universidad Latina de Costa Rica and the Ultrapark Dos commercial campus. At the university, LLA is prioritizing integrating 5G technology in educational and scientific settings, while at Ultrapark Dos, they are testing its applications in areas like energy monitoring, security, and inventory management.