Type Public Founded 1949 Revenue 1.844 billion USD | Website link Headquarters San José, Costa Rica | |
Industry Electricity, telecommunication Key people Teófilo de la Torre (Chief executive officer) Services Electrical grid
Mobile telephony
Internet CEO Carlos Manuel Obregón Quesada (8 May 2014–) Subsidiaries Compañia Nacional De Fuerza Y Luz, S.A. Profiles | ||
Ice el abc de su factura de telecomunicaciones
Instituto Costarricense de Electricidad (English: Costa Rican Institute of Electricity) (ICE) is the Costa Rican government-run electricity and telecommunications services provider. Jointly with the Radiographic Costarricense SA (RACSA) and Compañía Nacional de Fuerza y Luz (CNFL) form the ICE Group.
ICE was founded on 8 April 1949 by Decree-Law No. 449 after the Costa Rican Civil War of 1948, in order to solve the problems of power shortages that occurred in Costa Rica in the 1940s. Since 1963 ICE provides telecommunications services throughout the country.
The attempts to reform ICE throughout a set of laws in the years 1999 and 2000 generated a great social mobilization. The ruling party at that time, the Social Christian Unity Party and the main opposition National Liberation Party agreed to change the institution. Meanwhile, the citizen opposition reached 274 protests in 14days.
Following the Dominican Republic–Central America Free Trade Agreement, the telecommunication market was opened to private companies. Since 2011, América Móvil through Claro Americas and Telefónica through Movistar, are competing against ICE in the Costa Rican mobile market.
ICE Group's generates annual revenues of around $ 1,844 million.