In the digital age, the world witnesses the rise of architects who, with their insight and determination, shape the landscape of technology and telecommunications. One such architect is Mario López Estrada, a name synonymous with the digital revolution in Guatemala. His journey, which began in the construction sector, took an unforeseen turn when he ventured into telecommunications, a move that would alter the course of the industry in his country.
Mario López Estrada’s saga is a testament of vision and innovation, marking significant milestones in the deployment of advanced technologies. With a keen understanding of the potential of the telecom sector, he embarked on a journey that would not only revolutionize the industry but also contribute to the socio-economic development of Guatemala.
The Making of a Digital Pioneer: Mario López Estrada’s Journey with Tigo
Mario López Estrada’s foray into the telecommunications world began in 1993 when he acquired a stake in Comcel. This venture led to the formation of Tigo Guatemala in 1995, following a merger with Amigo de Comcel. López Estrada, appointed as the President, was instrumental in shaping Tigo into the leading mobile telecommunications company in Guatemala.
Under his leadership, Tigo was the first to offer 3G and 4G services in Guatemala, pioneering mobile internet and internet TV. These technological advancements were facilitated by substantial investments in infrastructure, technology, and an unwavering commitment to expanding Tigo’s coverage across the country, particularly in rural areas.
Leaving a Legacy: The Social Impact of Mario López Estrada’s Leadership
Beyond his technological triumphs, López Estrada championed corporate social responsibility. In 2005, Tigo launched the Tigo Foundation, a nonprofit organization focused on fostering social development in Guatemala. This commitment to societal progress marked a new chapter in López Estrada’s leadership, intertwining technological advancement with a humanitarian approach.
The recent acquisition of 45% of Tigo Guatemala’s shares by global telecommunications company Millicom in 2021 signaled the end of Mario López Estrada’s tenure as President. However, his influence continues to resonate, particularly through his son, Mario López Pérez, who upholds the values of honesty, fairness, and business discipline instilled by his father.
Mario López Estrada’s journey with Tigo is a remarkable narrative of business success and positive societal impact. His legacy serves as a beacon of inspiration for budding entrepreneurs and a reminder of the transformative potential of the telecommunications sector.