Ireland-based Digicel and Claro, a unit of Mexico's América Móvil, signed contracts for the provision of wireless service in Panama, where their concessions oblige them to install four radio bases.
Manuel Troitiño, telecommunications director of the National Public Services Authority (ASEP), said both companies would have to apply to ASEP for frequencies or microwave links between the radio bases.
Panama awarded Irish-backed Digicel Panama and Claro Panama, a unit of billionaire Carlos Slim's America Movil, concessions to run new mobile phone networks on Wednesday.
Digicel, owned by Irish billionaire Denis O'Brien, bid $86 million for one license, beating a $73 million offer from Claro Panama.
Panama awarded Irish-backed Digicel Panama and Claro Panama, a unit of billionaire Carlos Slim's America Movil, concessions to run new mobile phone networks on Wednesday.
Digicel, owned by Irish billionaire Denis O'Brien, bid $86 million for one license, beating a $73 million offer from Claro Panama.