In April 2022, the company Cable & Wireless in where the state has a 49% stake,  bought its competitor Claro (previously owned by América Móvil). As a result of this acquisition, Cable & Wireless has now over 99,69% market share.News on the acquisition: https://www.dw.com/es/digicel-asegura-que-en-panamá-no-hay-libre-competencia/a-61386189Firm website: https://www.cwc.com/live/past-present/our-regions/panama/panama-details.html