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Panama Telecom Operators Country Intelligence Report

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    Report

  • 42 Pages
  • April 2024
  • Region: Panama
  • GlobalData
  • ID: 5005372
"Panama Telecom Operators Country intelligence report," a new Country Intelligence Report by the analyst, 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 the analyst’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.

Table of Contents

  • Market Highlights
  • Key takeaways, country telecom market snapshot 2023-2028, revenue CAGR and penetration by service type, 2023 penetration in regional context
  • Operating Environment
  • Population, real GDP growth, nominal GDP, consumer price inflation, PPP-adjusted GDP per capita, exchange rates
  • Country Risk Index (GCRI)
  • Country risk analysis Panama compared to the LA and the world
  • Regulatory context, highlights, Analog Signal Switch-off, spectrum allocation, tender for new mobile operator
  • ESG context
  • Telecom Services Market Outlook
  • Total telecom and pay-TV services revenue by category, 2022-2028
  • Mobile Services
  • Mobile subscription penetration and subscription by device type
  • Mobile subscriptions by payment type, mobile subscriptions by technology generation, 2022-2028
  • Data usage and traffic
  • Mobile ARPU by payment type and service revenue by type
  • Fixed Services
  • Fixed service penetration and subscription
  • Voice telephony by technology, fixed broadband lines by technology
  • Fixed ARPU and service revenue by service type
  • Pay-TV Services
  • Pay-TV penetration and subscription
  • Pay-TV ARPU by type and service revenue
  • Subscription Market Share by Service Area
  • Competitive Landscape & Company Snapshots
  • Product portfolios and positioning, service offerings by service provider, 2023
  • Company snapshot: Cable & Wireless Panama
  • Company snapshot: Tigo Panama
  • Appendix
  • Baseline forecast assumptions
  • Data tables
  • Glossary
  • Research methodology
  • Contact the Publisher

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Tigo Panama
  • Cable & Wireless Panama
  • Digicel Panama
  • Claro Panama