Telecommunications Market in Panama

The entrance into the market by Digicel and Claro in 2009 has caused cellular telephony prices to fall and increased competition in promotions and special offers.

Wednesday, August 25, 2010

Overall, telecommunications sales in Panama are expected to exceed $1 billion in 2010, with most growth in broadband Internet and mobile phone services.

Cable & Wireless Panama has a virtual monopoly on broadband services using ADSL technology with the only competition from WiMAX and cable modems.

Access to the Internet is forecast to grow substantially during 2010 and 2011 largely as a result of the government's free "Internet for Everyone" program, which will initially provide 256kb connections only to avoid competing with the private sector's high speed services.

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.

Panama: Digicel and Claro with 30% of Market in 2015

December 2010

Pyramid Research predicts that Digicel will reach 21.3% of the mobile market and Claro 11.7% in 2015.

The research firm expects the market to continue growing hand in hand with increased demand for data services, but it is close to saturation point, with a penetration of 137% in late 2010.

Cable Onda Seeks Partnerships with Mobile Operators

August 2010

The Panamanian company is negotiating with cellular telephony operators to offer joint 'deals and services'.

Cable Onda's general manager, Nicolás González Revilla, has indicated that the company is currently holding discussions with Digicel, Claro and Telefónica and predict that by the end of the year they will be able to offer joint products.

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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