Panama: Cable & Wireless to invest $100 million


News from Panama / Friday, April 29th, 2011

Panama has some of the best cell phone systems in the world.  Like a lot of emerging nations, wireless did not replace hard wired communication systems in most places because outside the urban environment it did not exist.  Now like many parts of the world, data transmission has upped the ante for many companies vying for a piece of this huge business.

This from pa-digital.com.pa

The increased demand for more Internet services has led the company to expand its data network.
In order to improve internet coverage offered through its data network, the company put into action an expansion plan that began last year when it invested $50 million.

The significant growth of the company’s portfolio of customers is another reason why they are betting on the expansion.

A statement published in PaDigital.com reads: “The growth in demand for data services is a global phenomenon that is sharply reflected in Panama which is one of the most advanced countries in Central America in the use of these services. “