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Tigo not ruling out takeovers in Costa Rica

Monday, November 2, 2015


Tigo is aims to grow in the pay TV and Internet markets in Costa Rica after its disappointment when the industry regulator refused to allow it to buy Tolerable Económico.

The regulator said the takeover would have distorted the market. But Luxembourg-based Tigo was prepared to pay $82.9 million for the purchase.

Full story in Spanish