Nicaragua, located in Central America, is one of the larger countries in the region, and has diverse terrain that includes volcanoes, mountains, and coastal regions. Its population of around 7 million is heavily concentrated in the western regions, particularly in the capital, Managua. The country's telecommunications sector is still developing, with mobile networks covering most urban areas but less so in rural regions. Infrastructure is improving, with considerable investments in telecommunications and renewable energy technologies. There is a growing interest in solar and wind energy, with several projects underway to capitalise on the country's abundant natural resources. The country's technology sector is in an early stage, with the potential for significant growth given the right investment and training opportunities.
Mobile Network Operators
The are 3 companies operating mobile networks in this region.
Claro Nicaragua is a telecommunications company that operates within Nicaragua. As part of the América Móvil group, a telecom conglomerate based in Mexico, Claro Nicaragua provides a range of telecommunication services in the region. The company forms part of América Móvil's extensive network which spans multiple countries across Latin America and the Caribbean. The term 'Claro' translates to 'bright', 'clear' or 'of course' in both Spanish and Portuguese, reflecting the company's commitment to providing clear and reliable telecommunication services. The precise founding date of Claro...
Tigo Nicaragua is a telecommunications network under the Tigo brand, which is owned by Millicom International Cellular SA. Millicom was established on December 14, 1990, by Shelby Bryan, Jan Stenbeck, Telma Sosa, and Olvin Galdamez. The company is headquartered in Luxembourg and provides digital services in nine Latin American markets, including Nicaragua.
The main shareholder of Millicom is Xavier Niel, a French billionaire who owns 27.13% of the company. In 2023, Niel built a 25.02% stake in Millicom through his company Atlas Investissement, making him the company's main shareholder...