Digicel ditches Panama as M&A kills competition

Digicel is closing down its operations in Panama, claiming that it has been squeezed out as a result of an anti-competitive environment.
Specifically, the Irish-owned Caribbean telco group blames the merger of two of the market’s big three mobile operators, Cable & Wireless and Claro, which was recently given the go ahead by competition authorities. While the tie-up leaves a three-player market in Panama – previous market leader Tigo and Digicel being the other two – Digice