Panama Telecom Operators Country Intelligence Report

Panama Telecom Operators Country Intelligence Report

Summary

Panama Telecom Operators Country intelligence report, a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Panama today, with detailed forecasts of key indicators up to 2028. 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, and mobile, as well as a review of key regulatory trends.

Total telecom and pay-TV service revenue in Panama is projected to grow from $1.4 billion in 2023 to $1.5 billion in 2028, thanks to growth in the mobile data, pay-TV and fixed broadband segments. Mobile data revenue will increase from $659 million in 2023 to $731 million in 2028 at a 2.1% CAGR, driven by mobile data usage for accessing online video content and social networking apps over 4G and 5G networks. Fixed broadband service revenue, meanwhile, will grow at a five-year CAGR of 3.2%, driven by increasing cable Internet and FTTH/B subscriptions.

The Country Intelligence Report provides in-depth analysis of the following –

• Demographic and macroeconomic 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, tariff regulation, and more.
• Telecom services market outlook: analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, and mobile data markets.
• The competitive landscape: an examination of the positioning of leading players in the telecom services market as well as subscription market shares across segments.
• Company snapshots: analysis of the financial position of leading service providers in the telecommunications markets.
• Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Scope

• Total telecom service revenue in Panama will grow at a five-year CAGR of 1.5% over 2023-2028.
• Mobile data service revenue will grow at a five-year CAGR of 2.1%, driven by growing mobile data consumption and the expected adoption of 5G after its commercial launch.
• The mobile market is projected to become more concentrated between Tigo Panama and Cable & Wireless Panama after Digicel’s service license is terminated in 2024 and if the market remains without a new entrant.

Reasons to Buy

• This Country Intelligence Report offers a thorough, forward-looking analysis of Panama’s telecommunications markets, service providers, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
• Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in Panama’s mobile communications, fixed telephony, broadband markets, including the evolution of service provider market shares.
• With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
• The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in Panama’s telecommunications markets.
• The broad perspective of the report coupled with comprehensive, actionable detail will help operators, equipment vendors, and other telecom industry players succeed in the challenging telecommunications market in Panama.