Panama reaches historic 200 percent penetration rate.
BY LATINVEX STAFF
Panama has the world’s third-highest wireless telephony penetration rate, while Brazil has replaced Indonesia as the world’s fifth-largest wireless market, according to a Latinvex analysis of new data from the International Telecommunications Union (ITU).
Meanwhile, Costa Rica has seen a strong increase in the number of wireless subscriptions, largely because of new competition after 62 years.
Panama has now reached the historic milestone of more than 200 percent penetration. Worldwide only two other countries (Macao and Hong Kong) can boast that. Its penetration rate last year reached 203.9 percent. Subscriptions grew 9.6 percent to 7.3 million.
Latin America reached a total number of 623.9 million wireless subscriptions last year, an increase of 10.5 percent from 2010, according to the Latinvex analysis. The average penetration rate went from 98 percent to 104.7 percent.
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Keywords: Brazil, Costa Rica, Cuba, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Peru
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