On January 2, 2003, Panama opened its fixed communications market to competition, thus ending Cable & Wireless' long monopoly. Sixteen companies have received the green light to offer international long-distance services, and some of these same firms will also offer domestic and local telephony services. The mobile market continues to be dominated by market leader BellSouth and runner-up C&W. This 21-page report takes a comprehensive look at the Panamanian market, covering immediate issues facing the market, in the context of the political, economic, regulatory, and competitive environments. It includes fixed communications predictions, mobile communications predictions, vendor relationships, and risk assessment.