Panama: 4G Network Expansion and Government’s National Broadband Plan to Drive Data Revenue Growth

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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.

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.
•     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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Synopsis

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.

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.

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Table of Contents

Executive summary
Market and competitor overview
Regional context
Economic, demographic and political context
Regulatory environment
Demand profile
Service evolution
Competitive landscape
Major market players
Segment analysis
Mobile services
Fixed services
Pay-TV
Identifying opportunities
Overall market opportunities

List of Table

Panama telecom market size and growth prospects in a regional context, 2016E
Country indicators
Regulatory structure and policy
Major telecommunications policy issues
Panama communications market revenue , 2014-2021, US$
Segment revenue CAGRs, 2016-2021, US$
Segment revenues 2014-2021

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