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América Móvil launches Costa Rica cable TV service

Monday, January 28, 2013

América Móvil's Claro has been granted a 15-year license to sell cable television with the option to renew it for another decade if they actually turn a profit. The contract was signed last October but they could not start selling the new service until now.

This is bad news for DirecTV and Televisa which have been selling satellite TV for decades in Costa Rica with the Sky brand.

Unlike other regions of the world, in Latin America there has been a satellite TV monopoly since the only two companies, Sky and DirecTV, merged.

Source: Seeking Alpha