The Cell Phone Market in Panama

In 2012, telecommunications companies had annual revenues of $939.2 million, of which $572.9 million correspond to the cell phone market.

Monday, June 10, 2013 reports that "until the end of last year there were 6.7 million subscribers to mobile phones, representing an increase of 123.3% compared to 2007 when there were 3 million active lines".

Regarding the payment, Panamanians mostly prefer the prepaid system, 93% of users use this format, while others maintain an annual contract with either company.

Data from the Asociación Panameña de Crédito (CPA) indicates that last year alone there were 425.60 cell phone contracts, which represented an expense of $35.6 million, a trend that continues in 2013, because during the first three months 10,257 additional cell phone contracts were signed , making the total number of active contracts 435 317, with a bill of $36.3 million.

More on this topic

Guatemala: Fixed Lines Growing Faster Than Cell Phone Lines

January 2017

Between December 2015 and June 2016 the number of fixed telephone lines grew by 40%, while the number of mobile lines grew by only 3% in the same period.

Figures from the Superintendency of Telecommunications in Guatemala show that the number of fixed telephones lines went from 1,710,000 in December 2015 to 2,400,000 in June last year, while the total number of mobile lines increased from 18.1 million to 18.6 million.

Guatemala: Cell Phone Growth Stops

November 2012

In June 2012 the number of active lines was recorded at 19.8 million, 4.6% less than the 20.7 million recorded at end of 2011. reports that "After nearly two decades of steady expansion, in the first half of this year the cellular figures reported a negative, according to a report prepared by the Superintendency of Telecommunications (SIT)."

Results of the Cell Privatization in Costa Rica

November 2012

After one year of competition in mobile communications, the changes that have taken place reveal a market that is different from how many expected.

The market transformation has been swift and contained surprising nuances. Cellular penetration swiftly exceeded 100%, while the use of mobile Internet exceeded forecasts.

Guatemala: 18.5 Million Cellular Lines

August 2011

The increase in the number of mobile phone line users during the first half of 2011 was almost half a million.

As of 30 June, the total number of lines stood at 18,528,667, an increase of 5.7% compared to the same period in 2010, according to preliminary information from the Superintendency of Telecommunications (SIT).