plans to exit the central American market, saying the recent merger of Cable & Wireless Panama and a local, government-controlled rival, “effectively spells the end of competition in the telecoms market for smaller players”.
Digicel said that Digicel Panama asked the local regulator to intervene “but he has ignored this request”. in early 2020 in relation to a major debt restructuring gave some insights into various parts of the business, including Digicel Panama.
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Digicel to liquidate Panama business as merger approvedMobile phone operator Digicel said it plans to wind down operations in Panama following the government's approval of a merger between competitors Cable & Wireless Panama (CWP) and Claro.
Source: RTEbusiness - 🏆 16. / 61 Read more »