América Móvil to Invest $150 Million in Panama

The company, through its Claro brand, announced investment in infrastructure, retail outlets and health care centers.

Friday, April 17, 2009

The coverage that the company has managed is more than 80% in cellular phones and 50% in mobile internet since coming into the mobile telephone market in March 2008, announced Oscar Borda, the Company's Central American Director.

Dialogo Ciudadano.com reported the director's statements: "The response we have had is good. We will obviously keep working to continue the growth of our subscriber base."

More on this topic

Realities of Mobile Telephony in Panama

March 2012

Cable & Wireless Panama (CWP), Telefonica Panama, Digicel Panama and Claro are the companies competing for the local market.

Panama has 3.3 million inhabitants and 7,281,074 registered mobile phone lines, according to the National Authority of Public Services (ASEP), which is more than two lines per person.

Claro Invests $150 Million in Honduras

December 2011

America Movil, Claro's parent company, is investing in the development and delivery of broadband services.

Users of the Claro network, and now Digicel, will have access to greater geographical coverage, better quality and innovation in services, and higher speeds.

So said the director of Claro Honduras, Luis del Cid, who announced the acquisition, which was negotiated between the parties in the first quarter of 2011.

Claro Increases Panamanian Coverage

May 2009

Since beginning operations in March, the company has achieved 85% coverage nationwide.

The director of Claro Panama, Oscar Augusto Borda, said the company is looking to serve everyone through very competitive plans.

Michelle Domínguez wrote in digital.com.pa-Pa: "Borda said that more than $150 million have been invested during this time.

Claro optimizes its network in Guatemala

August 2008

All features of a computer that is connected to the internet are now available to Claro cellular customers.

Claro, a subsidiary of America Movil, launched its 3G (Third Generation) services from the first semester of this year, with the capability of surfing at high speeds and using various software applications; nonetheless, with the continued improvements, the network is now 3.5G, said Richard Sherman, Ericsson's IT Manager for Central America and the Caribbean.

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