ICE was founded on 8 April 1949 by Decree-Law No. 449, after the
Costa Rican Civil War of 1948, in order to solve the problems of power shortages that occurred in Costa Rica in the 1940s. Since 1963, ICE provides telecommunications services throughout the country. The attempts to reform ICE throughout a set of laws in the years 1999 and 2000 generated a great
social mobilization, including the
2000 Costa Rican protests. The ruling party at that time, the
Social Christian Unity Party, and the main opposition,
National Liberation Party, agreed to change the institution. Meanwhile, the citizen opposition reached 274 protests in 14 days. Following the
Dominican Republic–Central America Free Trade Agreement, the telecommunication market was opened to private companies. Since 2011,
América Móvil through
Claro Americas and
Telefónica through
Movistar, are competing against ICE in the Costa Rican mobile market. In 2021, ICE Group generated an annual operating income of around $2.194 billion. ==References==