Today: November 28, 2015, 6:55 am

Panama telecoms market: Revenue grew to $910 million in 2012
Panama - Telecoms IP Networks Digital Media and Forecasts - a new market research report on 2014-04-21 10:26:02
With one of the region´s highest GDP growth rates forecasted for 2012, Panama´s economic prospects are promising, and this is likely to have a positive knock-on effect on the country´s telecom market. In 2012, telecom revenues are expected to reach about US$910 million, with mobile services and broadband being the fastest growing sectors.Panama´s fixed-line teledensity is well below average for the region, though it is rising steadily from a relatively low base, largely due to alternative operators making use of cable or fixed-wireless networks.Competition remains limited in the broadband sector, where the incumbent Cable & Wireless Panamá has resisted unbundling its local network and as a result has secured a virtual monopoly in the delivery of DSL access. The only cross-platform competition is from cable modem and WiMAX services.The mobile sector has flourished in recent years, and the popularity of having multiple SIM cards has pushed mobile penetration rates to above 190%, considerably higher than the regional average. The arrival of two new mobile players around the start of 2009 has resulted in additional competition and steep price reductions that have shaken the market. Digicel Panamá launched operations in 2008, and América Móvil´s Claro in 2009, so ending the duopoly long enjoyed by Cable & Wireless Panamá and Telefónica´s Movistar.Internet penetration has grown in recent years and is expected to do so steadily in 2013 and into 2014 as a result of consumer demand for services as well as the stimulus of the government´s Internet for All project. In 2010, Panama became one of the first countries in the world to offer free wireless broadband access nationwide. The National Internet Network project does not compete with private broadband providers, because its aim is digital inclusion and not the provision of broadband access.

Click for report details: ..

Browse all Telecommunications Market Research Reports ..

Browse all Telecommunications Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 507 Words
Related Articles
More From Finance
USGFX Anticipates A Rise In Forex Trading [..]
The Shanghai Composite Index has been volatile and at one stage dropped more than 30% from its June 12 peak, [..]
Credit-Yogi Recommends Reputable Debt Solution Companies To [..]
Many people who have poor credit don’t know what to do about it. They realize that their bad credit prevents [..]
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.