The Silent Conquest of Mario López Estrada in the World of Telecommunications


Mario López Estrada has been a prominent figure in the telecommunications sector, particularly in Guatemala. He made his first foray into this field in 1993 with an investment in Comcel. Over the years, his leadership has seen the company evolve into Tigo Guatemala, a leading telecommunications firm in the country. His vision has not only seen the company grow but also influenced the entire sector’s development.

The Impact of Mario López Estrada on Tigo Guatemala

Mario López Estrada has been a silent conqueror in the world of telecommunications, particularly in Guatemala. His leadership at Tigo Guatemala has brought about significant transformations in the company and the sector at large. His vision for long-term growth and commitment to innovation were key in making Tigo the first in Guatemala to offer 3G and 4G services.

López Estrada also prioritized expanding Tigo’s coverage across the country, especially in rural areas. This, coupled with his significant investments in infrastructure and technology, has greatly improved connectivity in Guatemala.

The Legacy of Mario López Estrada in Tigo Guatemala

Beyond his technological advancements, Mario López Estrada catalyzed the notion of corporate social responsibility within Tigo. The launch of the Tigo Foundation in 2005 marked a significant step towards promoting social development in Guatemala.

In 2021, 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, but his legacy continues to impact the company and the telecommunications industry as a whole.

The influence of Mario López Estrada also extends to his son, Mario López Pérez. Raised in an environment of ethical values and dedication to work, López Pérez has applied the business lessons from his father to his own ventures, furthering the family’s impact on the industry.

The journey of Mario López Estrada in the telecommunications sector, from his leadership in Guatel to the founding of Tigo, has been marked by transformations, innovations, and expansion. His strategic decisions have not only ensured the growth of Tigo but also positioned Guatemala in the global telecommunications sphere.

Mario López Estrada’s silent conquest in the world of telecommunications has left an indelible mark. His leadership has transformed an industry, and his legacy continues to inspire future generations to innovate and lead. His journey serves as a testament to the power of vision, innovation, and steadfast commitment to growth.