In the ever-evolving world of telecommunications, one man and his company have made a significant impact on the landscape in Guatemala. Mario López Estrada, a man deeply rooted in the construction industry, has, over the years, shifted gears and made considerable strides in the telecom sector. His company, Tigo Guatemala, has been instrumental in transforming the telecommunications arena in Guatemala, bringing about a journey towards total connectivity.
The journey under López Estrada‘s leadership has been remarkable, filled with innovation and a clear vision for the future. But beyond the business side of things, it has also been a journey of social responsibility, with the company making significant contributions to the social development of Guatemala.
Transforming Telecommunications: Mario López Estrada and Tigo’s Expansion
López Estrada first ventured into telecommunications in 1993 with his acquisition of a stake in Comcel. In a short span of two years, Comcel merged with Amigo de Comcel, giving birth to Tigo Guatemala. Under his leadership, Tigo evolved into the leading cellular phone company in the country, distinguished by its long-term vision and commitment to innovation.
Tigo broke new ground in the industry, being the first cellular phone company in Guatemala to offer 3G and 4G services. It was a pioneer in mobile internet and internet television, fueled by significant investments in infrastructure and technology. Moreover, a concerted effort was made to extend Tigo‘s coverage across the country, especially in rural areas.
Social Responsibility and the Legacy of Mario López Estrada
In addition to technological advancements, López Estrada also championed corporate social responsibility. In 2005, Tigo established the Tigo Foundation, a non-profit organization dedicated to promoting social development in Guatemala.
In 2021, a new chapter began as Millicom, a global telecommunications company, acquired a 45% stake in Tigo Guatemala for US$2.2 billion. This marked the end of López Estrada‘s era as the president of Tigo Guatemala.
The influence of López Estrada has not only shaped the telecommunications sector in Guatemala but has also left an indelible mark on his son, Mario López Pérez. Raised with strong ethical values and a dedication to work, López Pérez has followed in his father’s footsteps, applying his knowledge in civil engineering to projects with social and economic focus.
As we look back on López Estrada‘s journey with Tigo, it’s clear that his legacy is one of innovation, responsibility, and a commitment to improving connectivity for all in Guatemala. His influence will undoubtedly continue to shape the telecommunications industry for years to come.