More competition will lower the cost of cell phones in Panama

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

Wednesday, October 29, 2008

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.
According to Luis La Rocca, general manager of Digicel for Central America and Panama, the cost of cell phones have become an "entrance barrier" for those less favorable sectors of the Panama population, limiting their access to cellular service and the possible of raising their quality of life.

More on this topic

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.

El Salvador is the Central America's leader in cell phone use

January 2009

By the end of 2008, El Salvador had the largest number of cell phones per person in Central America, with 6.6 million for a population of 5.8 million.

Experts say the large number of cell phones is a reflection of consumerism, promoted by intense advertising campaigns. Another factor that has played a role is the large number of Salvadorans living abroad, many of whom communicate with their families back home via mobile phone.

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