Senegal’s telecom market continues to show steady growth in all sectors. This has been supported by the particular demands made on consumers during the pandemic, which resulted in a particularly strong increase in the number of subscribers.
Gambia’s telecom market is dominated by the incumbent telco Gamtel, which retains a monopoly on fixed-line telephony services. There are five mobile network operators providing effective competition, though Giraffe Telecom was only licensed in January 2022 and is yet to be assigned spectrum.
Panama has seen a steady increase in revenue from the telecom sector in recent years. Mobile services and broadband remain the key growth sectors, with mobile connections accounting for 90% of all connections, and over half of telecom sector revenue.