The mobile phone industry in Panama though it does not represent a sizable market shows increasing indexes over the past few years.  Currently the mobile telephone systems in Panama surpass the 2 million credited and is growing. 

The National Authority of Public Servants revealed that in 2006 about 66 people of each hundred used the mobile telephone system in Panama.  The high penetration of the mobile telephone system in Panama is not synonymous of market saturation of the mobile telephone systems in Panama, since they are still waiting for the user to get accustomed to using other tools available through the mobile telephone market in Panama.

Ricardo Taylor, manager of Sony Erickson Central America and the Caribbean, pointed out that the mobile telephone system in Panama is still maturing, and he emphasized that the mobile telephone systems in Panama, is a region filled with opportunities.

He pointed out, that the mobile telephone system in Panama has good perspectives for the economy in expansion, the growing flow of foreigners and the inclination of the nationals for looking for more modern models.  It is known that 2 million 8 thousand 368 users of the mobile telephone system in Panama are comprised of those using pre-paid cards and 166 thousand 368 are under contract or with post pay services of the mobile telephone system in Panama.

It is foreseen that this year, two new concessions will be awarded to operate the mobile telephone system in Panama. Howard Park, vice president of LG Electronics cell phones, indicated that the consumers of the mobile telephone system in Panama have a tendency to look for something more that the best price of the mobile telephone system in Panama.  He observes that the market that moves the mobile telephone system in Panama looks for brand selection and the diverse types of services provided by the mobile telephone system in Panama.

That means that to penetrate the market of the mobile telephone market in Panama successfully they have to compete with characteristics such as memory, sound, design and others.  The users that form the market of the mobile telephone system in Panama, no longer settles for receiving or making calls, they prefer the ones that have cameras for pictures, the ability to record videos, and download music among other things.

The Economic Commission for Latin America and the Caribbean has recognized that there is an explosive growth in the mobile telephone system in Panama, especially for cell phones and the internet. 

The mobile telephone system in Panama has positioned itself so much that it has had to mandate the use of the mobile telephone system in Panama in cars, schools and offices. In fact, mobile phones in Panama are becoming almost indispensable making the industry highly competitive.

The mobile telephone system in Panama has penetrated to such a level that corporations and local companies have allotted in their budgets the costs of such services that they see as an investment and the necessary costs for their development and use of the mobile telephone system in Panama.