More competition will lower the cost of cell phones in Panama
The cost of cell phones in Panama is higher than what others in Central America and the Caribbean countries pay.
Wednesday, October 29, 2008
Digicel and Claro Panama, which obtained cellular licenses, should enter the Panama market in the next few months to start competing with Cable & Wireless (C&W) and Movistar.
The four mobile phone companies will compete for the market with heavy promotions and aggressive strategies in Panama.
Panama imported $190 million worth of mobile phones in 2008, at a time when Claro was not operating in the country and Digicel was just starting.
Cell-phone companies have 6.6 million wireless phone numbers allocated, but only 3 million are active.
By the end of 2008, El Salvador had the largest number of cell phones per person in Central America, with 6.6 million for a population of 5.8 million.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar