3.9 Million Cell Phone Subscribers in Panama

There are now more cell phone subscribers than inhabitants in Panama.

Friday, February 5, 2010

Several factors contribute to the high demand of this communication mechanism, but “sociologist Milciades Pinzón argues that above all, mobile phone have become symbols of prestige, so many seek to own one or more units”, reported Latercera.com.

In Panama there are 4 cell phone companies: Movistar, Claro, Digicel and Cable&Wireless.

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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.

Panama: 5.2 Million Mobile Phone Lines

January 2010

The country's 4 telecom operators manage 5.276.950 active mobile phone lines.

According to data provided by the Public Services Authority (ASEP), the market leader is Cable and Wireless with 50.4% of the market, followed by Movistar with 29.1%.

Newspaper Laestrella.com.pa reported that Digicel stands third with 18.3%, while Claro is fourth, with 2.2% of the market.

More competition will lower the cost of cell phones in Panama

October 2008

The cost of cell phones in Panama is higher than what others in Central America and the Caribbean countries pay.

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.