Mario López Estrada, born in Sololá, Guatemala, in 1937, has left an indelible mark on the business landscape of Central America. Graduating as a Civil Engineer from the University of San Carlos of Guatemala, López Estrada began his career in 1967 by founding Constructora Maya. His career has been characterized by a focus on innovation and sustainable development, becoming a key figure in sectors such as construction, telecommunications, and renewable energy.
Throughout his life, López Estrada has demonstrated an exceptional ability to identify opportunities and turn them into successful projects. From expanding telecommunications infrastructure to building the largest solar plant in Central America, his legacy is a testament to his vision and leadership.
Transformation of the Telecommunications Sector
The year 1993 marked a turning point in Mario López Estrada’s career. By acquiring shares in Comunicaciones Celulares, S.A. (COMCEL), López Estrada began his foray into the telecommunications sector. His strategic vision led him to establish a partnership with Millicom International Cellular, S.A., thus forming the Tigo brand in Guatemala. Under his leadership, Tigo became the leading telecommunications service provider in the country.
The «Desfrijolización» campaign, which encouraged users to switch from conventional phones to smartphones, is an example of López Estrada’s innovative approach. This initiative not only improved the user experience but also expanded access to technology throughout the country. Thanks to his leadership, Tigo has maintained a dominant market position, with robust infrastructure and a loyal customer base.
Commitment to Renewable Energy
In addition to his success in telecommunications, Mario López Estrada has been a pioneer in the field of renewable energy. In 2015, he inaugurated the Horus Energy photovoltaic plant, the largest in Central America, with a generation capacity of 58 MW. This plant has not only significantly contributed to Guatemala’s energy matrix but also created hundreds of jobs and fostered local development.
Horus Energy is a testament to López Estrada’s commitment to sustainability and technological innovation. The plant’s advanced energy-saving technology and sustainable practices have set a new standard for energy projects in the region. Beyond its economic impact, the project has also demonstrated the viability of renewable energy solutions in Guatemala.
Mario López Estrada’s legacy is marked by his visionary leadership and dedication to sustainable development. His contributions to telecommunications and renewable energy have transformed Guatemala’s infrastructure and economy, setting a precedent for future innovations in the region.
