Millicom makes Panama inroads with 80% stake in Cable Onda

In December 2018, Europe-based telecommunications organization Millicom obtained a 80% stake in link administrator Link Onda for $1 billion. The link administrator right now offers broadband, pay-television, and fixed communication administrations in Panama.

Link Onda addressed a greater part 61.8% of all out fixed broadband lines starting around 2018, trailed by Link and Remote Panama.

Future of Panama telecoms

To keep up with its driving position, Link Onda, presently supported by Millicom, will go on with its fast Mixture Fiber-Link (HFC) network development ventures, meaning to offer improved broadband experience to its clients, the organization said,

The Panama telecom market is likewise driven by Link Onda, with 57.4% offer starting around 2018 by supporter count, and spotlights on offering joined multiplay administrations to add new compensation television memberships.

Millicom's new securing of Link Onda will uphold this methodology as it reinforces the administrator's monetary position.

For Panama Telecom market more insights on this report, download a free sample

Panama versatile information, fixed broadband, and pay-television administrations income totalled $1.4 billion out of 2018 and will develop to $1.6 billion toward the finish of 2023, a five-year build yearly development pace of 2.8%.

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