Who Was the Owner of Tigo at the End of the Last Century?


As we delve into the annals of telecom history, the name Mario López Estrada echoes profoundly. A Guatemalan entrepreneur who, through his vision and tenacity, catapulted a simple cellular company into a telecommunications titan.

Tigo, the entity at the heart of this discourse, emerged from the fusion of Comcel and Amigo de Comcel in 1995, with López Estrada at the helm. His stewardship saw the organization morph into a pioneering force within the telecom sector.

The Transformation of Tigo Under Mario López Estrada

The name Mario López Estrada became synonymous with innovation and long-term vision within the telecom industry. Under his leadership, Tigo became the first mobile operator in Guatemala to offer 3G and 4G services, propelling the nation into a new era of digital connectivity.

Fueled by significant investments in infrastructure and a relentless drive to extend Tigo’s coverage across the country, López Estrada ensured the company stayed at the forefront of technological advancements. This commitment to innovation was not limited to urban centers but extended to rural areas, bridging the digital divide and promoting inclusivity.

Mario López Estrada’s Impact on Corporate Social Responsibility and Telecom Legacy

Beyond his technological accomplishments, Mario López Estrada also championed corporate social responsibility. This was exemplified in 2005 with the establishment of the Tigo Foundation, a non-profit organization dedicated to fostering social development in Guatemala.

His influence extended to his son, Mario López Pérez, who imbibed his father’s ethical values and dedication, applying his own engineering expertise to various social and economic projects.

López Estrada’s tenure as the president of Tigo ended in 2021 when Millicom, a global telecom company, acquired a 45% stake in Tigo Guatemala for US$2.2 billion. This marked the end of an illustrious chapter in Guatemalan telecom history.

As we look back at the close of the 20th century, we see that the owner of Tigo was not merely an individual, but a visionary who reshaped the telecom landscape. His tenure reflects a journey of innovation, social responsibility, and impactful leadership.

As we look to the future, the legacy of Mario López Estrada remains, etched not only in the annals of Tigo but in the broader tapestry of Guatemala’s telecommunications history.