Mario Lopez Estrada

Mario Lopez Estrada
Residence Guatemala City, Guatemala
Occupation President of Tigo Guatemala
Net worth $1.0 billion (March 2015)[1]

Mario Lopez Estrada is a Guatemalan telecommunications businessman. As of 2015, he became a billionaire and is the 1741th wealthiest person in the world according to Forbes.[1]

Career

In the 1980s, he served as the Head of the state telecommunications company.[2] Lopez was Minister of Communications in the government of Vinicio Cerezo, who served as President of Guatemala from 1986-91.[3]

He is the President of Tigo Guatemala, that country's largest mobile phone service provider with more than eight million users and market share of over 54%.[4] In early 2013, Tigo promoting adoption of smartphones by its users; it started by selling 30,000 smartphones per month, then in late 2013 100,000 per month, and in late 2014 sold 150,000 per month.[4]

References