Panama Cell Phones Face More Competition
(Prensa Latina) Two companies will enter soon the cell telephony market in Panama, placing the sector in a position, from which more competence is expected to maintain the status in that business.
According to the National Public Service Authority (ASEP), the companies currently operating "Cables and Wireless and Movistar, are carrying out huge promotional campaigns to attract consumers.
Extension of expiry dates for recharging cards and the offer of added values to the clients are among the most recent actions.
Relevant balance at the end of 2007 revealed that country won around 2.4 million subscribers to that telecommunication service, with a total population of around three million inhabitants.
In 2009, Digicel and Claro companies, winners of the concessions that the government put to tender to extend the sector's potential, will join the area.