95% Coverage for Digicel Panama

After nine months of operations, the telecommunications company achieved 95% national coverage.

Thursday, September 10, 2009

Eduardo Ryan, president of Digicel Panama, reported they now have approximately 600.000 users.

"Ryan remarked that the company, based in Bermuda and with operations in 32 countries, has invested $400 million in Panama", reported newspaper Panamá América.

More on this topic

3.9 Million Cell Phone Subscribers in Panama

February 2010

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

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.

Claro Increases Panamanian Coverage

May 2009

Since beginning operations in March, the company has achieved 85% coverage nationwide.

The director of Claro Panama, Oscar Augusto Borda, said the company is looking to serve everyone through very competitive plans.

Michelle Domínguez wrote in digital.com.pa-Pa: "Borda said that more than $150 million have been invested during this time.

Digicel enters cellular competition in Panama

December 2008

Digicel Panama, announce its strategy that the company will use to start competing this month in Panama against Cable & Wireless and Telefonica Movil.

The operations of Digicel starts with an investment of more than $350 million, a new GSM/EDGE network and the opening of the more than 100 exclusive stores countrywide on Tuesday.

Digicel to pump US$334m in Panama operations

September 2008

The project consists of the construction and operation of a greenfield mobile cellular telephone network in Panama.

The total cost is estimated at US$334 million. The proposed IFC investment is up to US$50 million 'A' loan for IFC's own account.

The project is expected to create high-quality employment opportunities in Panama both at the company and distribution levels.

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