Telecommunication

It happened yesterday, the members of the Costa Rican Legislative Assembly approve the new telecommunication law that will finally open the country gates to a wider Telecommunication Market.

As perhaps most of you may remember from my post: Costa Rica to approve new telecommunication law , this news certainly represent a big change in the future of the country; and not just in terms of options for the people, but also in job opportunities that will follow the arrival of new regional offices from new telecommunication companies.

Regarding the CAFTA (AKA TLC among locals) this is an encouraging steps towards the approval Preview »of the agreement as a whole; never the less, there are actually couple of points to consider before pulling the cork off the bottles.

Even though this has been approved, this initiative must be published in the official press release publication of the Costa Rican government, La Gaceta; and once that this has taken place two institutions will be in charge of managing the concessions for the market:

The Telecommunication Superintendence (SUTEL) and the Costa Rican Ministry of Ambience, Energy and Telecommunication (MINAET)

This could take some time, as believe it or not, these two institutions must formulate a plan and present it to yet another institution: The Costa Rican Regulation Authority of Public Services (ARESEP) who will approve the creation and development of 19 new regulation statements that must be ready in less than 9 months.

I know what you are thinking; but there are good news showing in the horizon.

According to Roberto Dobles, current minister of the MINAET, they have been working ahead of schedule on the creation of the 19 regulation statements, and more likely the wait shall not be long.

Now let’s see some details (Nop, no numbers this time)

Basically what the new companies will need to be allowed to work on this new Costa Rican Telecommunication market will be, to get a concession from the SUTEL and MINAET, and abide by the rules and guidelines soon to be establish by ARESEP.

This new opening in the Costa Rican market has put the country on the treasure maps once again; for the ticos are quite “hungry” to get access to new and better options in phone and internet alternative as the year advances.