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Digicel to Invest $100 million in Panama

The company, which has operated in the country since 2008, is to invest in expanding its voice and data network.

Friday, June 24, 2011

The company currently has 25% of the telecommunications market in Panama and has set a short term goal to position iteself in second place among companies operating in the market.

The announcement was made by the new CEO of Digicel Panama, Mario Mendez, who also "... denied that Digicel Panama has been purchased as suggested by rumors that circulated after Claro's acquisition of 100% of Digicel's operations in Honduras and El Salvador", reported Prensa.com.

Source: Prensa.com