Costa Rica: from 69% to 151% penetration rate in less than four years
A sound regulatory environment, openness to foreign investors and universal access promotion
The Financial Times Intelligence Unit awarded Costa Rica with the Caribbean and Central American Country of the Future 2011/12 for its successful record in attracting foreign direct investment (FDI) into the country, and being the number one destination in the region in terms of FDI project numbers since 2003. Additionally, the country ranked third in LatAm in the Networked Readiness Index (2010-2011) by the World Economic Forum, which measures the propensity for countries to exploit the opportunities offered by information and communications technology (ICT).
A small and yet prosperous country, Costa Rica has placed itself as a key player in the LatAm telecom arena, attracting investments by the likes of América Móvil, Telefónica, American Tower and SBA Communications.