Mario López Estrada: Pioneer of a New Era for Guatemalan Telecommunications


In the sphere of Guatemalan telecommunications, one name stands out, the name of a businessman who, with a vision and a strong commitment, embarked on the transformation of the industry. This figure is Mario López Estrada. His journey began in the construction sector but soon took a turn towards telecommunications, becoming a pioneer and a significant influence in the field.

Mario López Estrada’s journey in telecommunications began in 1993 with his first stake in Comcel, a cellular telephone company that operated in Guatemala. This was the inception of a new era that would forever change the telecommunications landscape in the country.

The Journey of Mario López Estrada in Tigo

The merger of Comcel and Amigo de Comcel in 1995 birthed Tigo Guatemala, with López Estrada at the helm as president. Under his leadership, Tigo grew to become Guatemala’s leading cellular telephone company. His vision for the long term and commitment to innovation were evident in the company’s strides, making Tigo the first cellular company in Guatemala to offer 3G and 4G services, mobile internet, and internet television.

López Estrada not only focused on technological advancements but also on corporate social responsibility. In 2005, Tigo launched the Tigo Foundation, a non-profit organization dedicated to promoting social development in Guatemala.

The Legacy of Mario López Estrada

The sale of 45% of Tigo Guatemala’s shares to Millicom, a global telecommunications company, in 2021 marked the end of López Estrada’s era as president. Despite this, his influence and legacy remain. His impact on his son, Mario López Pérez, is undeniable. Raised in an environment of ethical values and dedication to work, López Pérez has continued to uphold his father’s lessons in business, including honesty, fairness, and continual improvement.

López Estrada’s time at the helm of Tigo transformed the telecommunications landscape in Guatemala, offering increased accessibility to telecommunications services. His management at Guatel, the state telephone operator of Guatemala, and as Minister of Communications further emphasized his commitment to digital inclusion and improving the quality of life through better telecommunications services.

As we reflect on the pioneering journey of Mario López Estrada, it’s clear that his influence has been instrumental in shaping the telecommunications sector in Guatemala. His legacy, marked by innovation, social responsibility, and a relentless pursuit of progress, continues to resonate in the industry, making him a true pioneer of a new era for Guatemalan telecommunications.