Panama was the Third Largest Telecom Services Market with Estimated Revenue of USD 1.3 bn or 2.4% of GDP

Panama Telecom Services Market
“Panama: 4G Network Expansion and Government’s National Broadband Plan to Drive Data Revenue Growth” newly adds in ReportsWeb.com database. This report covers leading key company profiles with information such as business overview, regional analysis, consumption, revenue and specification.

Panama: 4G Network Expansion and Government’s National Broadband Plan to Drive Data Revenue Growth’ a new Country Intelligence Report, provides an executive-level overview of the telecommunications market in Panama today, with detailed forecasts of key indicators up to 2021. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV sectors, as well as a review of key regulatory trends.

In 2016, Panama was the third largest telecom services market in Central America, behind Guatemala and Costa Rica, with estimated revenue of $1.3bn or 2.4% of GDP. This represents a 2.4% increase relative to 2015, mainly driven by  fixed broadband, pay-TV and mobile data segments.

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The Country Intelligence Report provides in-depth analysis of the following:
– Regional context: telecom market size and trends in Panama compared with other countries in the region.

– Economic, demographic and political context in Panama.

– The regulatory environment and trends: a review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, number portability and more.

– A demand profile: analysis as well as historical figures and forecasts of service revenue from the fixed telephony (including VoIP), broadband, mobile voice, mobile data and pay-TV markets.

– Service evolution: a look at changes in the breakdown of overall revenue between the fixed/pay-TV and mobile sectors and between voice, data and video from 2016 to 2021. 

– The competitive landscape: an examination of key trends in competition and in the performance, revenue market shares and expected moves of service providers over the next 18-24 months.

– In-depth sector analysis of fixed telephony, broadband, mobile voice, mobile data and pay-TV services: a quantitative analysis of service adoption trends by network technology and by operator, as well as of average revenue per line/subscription and service revenue through the end of the forecast period.

– Main opportunities: this section details the near-term opportunities for operators, vendors and investors in Panama’s telecommunications and pay-TV markets.

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Company Profiles:

Cable & Wireless Panama
Cable Onda
Digicel
Claro Panama
Movistar Panama
Sky Panama
Wipet
Liberty Technologies

 

Key Findings

-The fixed/mobile revenue split will continue to be inclined toward the mobile segment throughout the forecast period. Nevertheless, fixed services revenue share will increase, driven by government’s national Internet network initiative for expanding Internet penetration in the country and attractive double and triple play services from operators such as Cable &Wireless Panama (CWP) and Cable Onda. 

– The top two operators, CWP which provides fixed, mobile and pay-TV services and Digicel Panama, which provide mobile services, accounted for 57.7% of overall service revenue in 2016. CWP will continue to lead the Panamanian telecom market, throughout the forecast period, supported by strong investments in 4G network expansion and network modernization of its fixed infrastructure. 

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– LTE network expansion along with the rising demand for high-speed mobile data and increased availability of LTE-enabled smartphones will boost LTE subscriptions in Panama over the forecast period.

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