Mobile Recharge Company to Base in Panama

Mobile company Paytronic Network will expand to Latin America from Panama.

Monday, March 7, 2011


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The Director of Paytronic said the company has made an alliance with Movistar and will invest up to $ 8 million in an expansion process over the next four years.

The company will hire 57 employees for this purpose, most of them local, and begin offering service in Panama this month.

More on this topic

Claro and Movistar Growing in Costa Rica

June 2012

Between the two carriers 100,000 new lines are sold a month and they already have a market share of 20%.

"At the moment, Claro and Movistar between them have a 20% market share. The growth of these companies together is about 100,000 lines per month", said George Miley, a member of the Board of the Telecommunications (Sutel), according to the information portal Signals Telecom News.

Movistar launches regional program

September 2008

Telefonica Central America presented its regional program "Commitment to the Client" yesterday in Panama.

Said program seeks to reinforce its position as a telecommunication company that attends to the needs of its clients, the company pointed out in a statement.
Telefonica is looking to offer a service of "excellence" throughout its commercial chain, from buying a cell phone, to voice and data quality, post-sales, added value, technical services and billing.

Guatemala: 18.5 Million Cellular Lines

August 2011

The increase in the number of mobile phone line users during the first half of 2011 was almost half a million.

As of 30 June, the total number of lines stood at 18,528,667, an increase of 5.7% compared to the same period in 2010, according to preliminary information from the Superintendency of Telecommunications (SIT).

Decrease in Telephone Revenues in Central America

March 2009

Mobile phones, the strongest sector for the regional economy, registered a decline in earnings in 2008.

El Periódico reported on its website: "While América Móvil added 1 million new customers in Central America in 2008, revenues from its subsidiaries in Guatemala, El Salvador, Honduras and Nicaragua fell by 3.4 % and its profits were reduced by 26.6%.

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