In Panama there are only two cellphone operators: Cable & Wireless Panama and Movistar Panama. They both operate only on GSM 850 frequency. In 2008 it is expected two new operators.

The average cost of 1 min call is 0.38$ for pay as you go phones, although you can top up during promotional days so that your top up can be 4 times more that the value of top up card, then the real cost of 1 min call is 12 cents.