Despite the difficult few years during the global Covid-19 pandemic, and ongoing global economic difficulties, the telecommunications sector in Central America is projected to continue with steady growth. Similarly, to other developing regions in the world, this overall increase in investment into telecom infrastructure is driven by a significant demand for realisable and affordable communication services by local populations and businesses. Governments in the region are eyeing 5G as an opportunity to demonstrate their commitment to economic development as well as providing necessary services to remote and underserved regions.
In the second part of this series on Central America, TowerXchange considers the most important trends and key developments in the telecommunications markets of Nicaragua and Panama.