Cable & Wireless exits DTH market in Panama

As part of its Q4 2020 financial results report, the telecommunications company Liberty Latin America has announced that the Panamanian operator Cable & Wireless decided not to market its DTH offer anymore as of last January. The offer was called ‘+TV Digital Prepago’, and was originally launched in 2014.

According to specialized websites, the initial offer of the DTH included 50 channels, but it strengthened its offer with new channels later. At the time of its launch, ‘+TV Digital Prepago’ was launched in the provinces of Chiriqui, Darien, Colón, Penonome, Herrera, Los Santos, Bocas del Toro and Veraguas, as well as in other rural and difficult-to-access communities.

On the other hand, in July 2020, Liberty Latin America acquired Movistar’s (Telefonica) operations in Costa Rica, after the Spanish company failed to negotiate it with Millicom, as it had been initially reported. In addition, as reported by the Spanish newspaper ‘Cinco Dias’ and other specialized websites in December 2020, Liberty Latin America would also be thinking on the possibility of acquiring the subsidiaries of the Spanish company in Colombia and Ecuador, although, up to now, no Telefonica and Liberty Latin America executives have expressed themselves on possible negotiations.

Apart from owning Cable & Wireless in Panama and the Caribbean, Liberty Latin America owns 80% of Cabletica in Costa Rica, an operator that offers pay TV, internet and telephone services. In addition, the company owns VTR in Chile and Liberty Puerto Rico.