Miércoles, 24 de Abr, 2024
Search in Marcasur International Marcasur

Nicaragua Considers New Telecommunications Reform

By Guy José Bendaña-Guerrero & Asociados

In June 2023, Nicaragua's National Assembly saw the introduction of a bill aiming to revamp the country's telecommunications law. This proposed reform addressed has now been revamped with two key objectives: modernization and investment promotion.

The first goal of the bill, currently under discussion by the Congress, is focused on aligning Nicaragua's telecommunications legislation with the evolving technological landscape. The bill aims to bring the law in sync with the standards set by the International Telecommunication Union (ITU) for 4G technology. This would ensure compatibility with current telecommunication infrastructure and pave the way for future advancements.

The second objective is centered on fostering investment in Nicaragua's telecommunications sector.

The proposed reform explores options to attract investment. This potentially includes allowing virtual operators and companies that provide telecommunication services without owning physical infrastructure. Additionally, the bill outlines a framework for "regulatory sandboxes." These sandboxes are designated environments where businesses can test innovative telecommunications services with reduced regulatory burdens. By allowing such experimentation, Nicaragua could potentially become more attractive to companies developing cutting-edge technologies.

The bill also establishes an authorization scheme for operators to facilitate the entry of new competitors into the market.

Guy José Bendaña-Guerrero & Asociados

GUY JOSE BENDAÑA GUERRERO & ASOCIADOS has a long and prosperous tradition in the field of intellectual property (IP) in Nicaragua, with roots that go back to more than 100 years, resulting on long-term relationships with renowned clients and attorneys worldwide.

The firm has its origins in the law firm Henry Caldera & Henry Caldera-Pallais, founded in 1907 by Mr. Henry Caldera. That same year of 1907, through the efforts of Mr. Caldera, Nicaragua had its first Trademark Law. In the late 1930’s, Mr. Caldera’s oldest son, Dr. Henry Caldera-Pallais, after studying law in Nicaragua, attended the University of Michigan, where he graduated as a Registered U.S. Patent Attorney. Dr. Caldera-Pallais in 1964 was a founding member of the Interamerican Association of Intellectual Property (ASIPI), the first regional intellectual property organization in the Americas. The firm continued to grow during the administration of Dr. Franklin Caldera, son of Dr. Caldera-Pallais, who obtained his doctoral degree in law from the Universidad Centroamericana in 1973.

Since 1985 the current partners, Dr. Guy José Bendaña Guerrero and Mrs. Blanca Aragón de Bendaña, took over the management of the firm. Dr. Bendaña Guerrero, Director of the firm, has distinguished himself as one of the most respected authorities in Central America in the field of intellectual property and law in general, being the author of several books such as “Course of Industrial Property Law”, “Study of the new Laws of Industrial Property” and “New Study of Contracts “, among others. Mrs. Aragón de Bendaña has served as the firm’s general manager and, thanks to her excellent management, the firm has been in constant growth, with a highly qualified staff committed to excellence. Since 1996, partner Julián José Bendaña Aragón joined the firm, and has been standing out as one of the most recognized attorneys in the field of intellectual property.

We have adapted to the constant change of the business world, supporting our clients in finding the most appropriate legal solutions for each moment. The firm distinguishes itself by understanding the needs of its clients, offering personalized service and adding value to its activities.

Nowadays we continue to be the leading firm in Nicaragua in the area of intellectual property, and at the same time, we have been consolidating other areas of service within the civil, commercial and labor fields, as well as litigation and consulting in general. The firm is well positioned to guarantee a pragmatic service that meets the requirements of the most demanding clients.

Visit Website