+Móvil Hits 2.6 Million Cell Phone Lines

Cable & Wireless mobile operator, +Móvil, sold 75.000 cell phones in June 2009.

Friday, July 24, 2009

"+Movil cell phone market share is 57%, and competes with Telefónica, Digicel and Claro Panamá", said Roberto Mendoza, the company's executive director of Corporate Affairs.

+Movil 2.5 million users send 17 million short text messages each month.

More on this topic

America Movil Confirms Purchase of Digicel in Honduras

December 2011

The Mexican telephony giant announced it has completed the acquisition of phone company Digicel in Honduras.

A press release from American Mobile reads:

America Movil, announced today (November 30, 2011) that as part of the agreement with Digicel Group Limited and its affiliates ("Digicel") during the first quarter of 2011, has acquired on this date 100% of Digicel’s operations in Honduras and sold to Digicel its operations in Jamaica.

Mobile Phones: Brilliant Business

July 2009

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.

This industry is growing at rapid pace, fueled by the fast advances in technology, as new features are being added almost constantly: longer lasting batteries, internet navigation, video calls, GPS, etc.

Two Cellular Phones Per Panamanian

April 2009

Cell-phone companies have 6.6 million wireless phone numbers allocated, but only 3 million are active.

Through March 2009, Cable & Wireless (C&W) and Telefónica Móviles (Movistar) have 2.7 million lines each, Digicel has 900 thousand and Claro Panama, which has just begun operations, has 300 thousand, according to data from the National Authority for Public Services published by Prensa.com.

Panama: Strong Competition in Cellular Telephone Services

April 2009

The four mobile phone companies will compete for the market with heavy promotions and aggressive strategies in Panama.

Competition between Digicel, Telefónica Movistar, +Mobile Cable & Wireless and Claro in order to attract more customers with prepaid service plans has increased.

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