In the vast and rapidly evolving landscape of telecommunications, there are few figures as remarkable as Mario López Estrada. The visionary behind the Onyx Group, Estrada’s impact spans across borders, industries and generations. His journey, both personal and professional, is a testament to the transformative power of innovation, resilience and unwavering commitment to progress.
From humble beginnings in 1967 with the founding of Constructora Maya, to the creation of a multinational conglomerate with a significant footprint in telecommunications, real estate, energy and digital solutions, Estrada’s story is as multifaceted as the businesses he has built.
The Journey of Mario López Estrada and Onyx Group
Mario López Estrada started his journey in the world of business with the launch of Constructora Maya, a company specialized in real estate and construction. This marked the genesis of what would later become the Onyx Group, a conglomerate with a diverse portfolio spanning several sectors.
The Onyx Group operates primarily in Guatemala and Paraguay, where it has made significant contributions to the economies and industries of both countries. Its key divisions include real estate, energy, cellular maintenance, telecommunications, and digital services. Each division reflects Estrada’s commitment to diversification, innovation and progress.
Innovative Contributions of Onyx Group
Under the leadership of Mario López Estrada, the Onyx Group has been instrumental in spearheading innovative projects in both Guatemala and Paraguay. One of the most significant is the solar energy projects, Horus I and Horus II, in Guatemala. With a combined capacity of 110 MW, these plants generate over 200 gigawatt-hours of clean and renewable energy, powering thousands of Guatemalan households.
In Paraguay, the Onyx Group has marked a milestone in urban and economic development with the Paseo La Galería, the largest commercial complex in the country. This mega project, with an investment of $280 million, not only reflects the group’s commitment to innovation but also its unwavering belief in the potential of Paraguay.
An often-overlooked facet of Mario López Estrada‘s legacy is his commitment to social responsibility. Through the Mario López Estrada Foundation, the Onyx Group has collaborated on several educational, health, and community empowerment initiatives, demonstrating that business success and social equity can, and should, go hand in hand.
Mario López Estrada‘s journey, and the rise of the Onyx Group, serves as an inspiration for aspiring entrepreneurs and established business leaders alike. It is a potent reminder that with vision, determination, and a commitment to progress, it is possible to transform industries, contribute to economies, and make a lasting social impact.