Categories: Economy

Liquidation of Digicel leaves 188 people out of work

From this Wednesday, 188 Digicel workers are part of the number of unemployedafter the liquidation of the company in which the state intervened.

The company’s controller, Alex Anel Arroyo, reported that those personnel were liquidated and a group of 78 remained for the transition processwhich will last 30 days.

Hildeman Rangeldirector of telecommunications of the Administration for Public Services (Asep)detailed the porting process for the 330,000 Digicel customers who will have to choose between the two remaining operators that provide the service.

Armando Fuentes, director of Asephe made a chronology of the futile process of trying to sell Digicel.

After the presentation of one company on two invitations and its withdrawal from the continuation of negotiations, Talks began with another company, which also gave upso it was decided to liquidate.

The market is in your hands Cable & Wireless and Tigoafter two small operators, Claro and Digicel, left the country.

Fuentes did not want to refer to the existence of a concentration within the telecommunications market and he justified himself by saying that Digicel’s problems were occurring before this situation arose.

In the case of Digicel, it intervened to keep it third operator prescribed by law.

However, in the opinion of the Asep administrator Law reform is necessary to stimulate the market telecommunications to potential investors.

The The concession to Digicel expires in 2028 And, as Fuentes explained, he will sit down to talk with the new government so that it will be the one that decides to wait for that year or to call for a new tender sooner.

Sources suggested that to bring in new contestants you have to look at the figure virtual operatorwhich could enter without large investments and guarantee competitiveness.

Source: Panama America

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