Nokia to build GSM network for Telefónica Panamá

Telefónica Móviles Panamá, which operates under the movistar brand, has chosen Nokia to build its GSM radio and GPRS network which will cover the whole country and enable the operator to offer mobile data and voice services.

Under the agreement, Nokia delivers a GSM radio network with Nokia base stations and base station controllers, as well as a GPRS network. Nokia will also implement the Adaptive Multi Rate (AMR) service, which is a voice compression technology that improves network efficiency, in order to improve voice quality and capacity in the network.

“This agreement reinforces our growing cooperation with Telefónica in Latin America. We are committed to continue our successful relationship to increasingly satisfy the communication’s needs of the Panamanians, allowing technology to make their lives easier,” says James O’Brien, Account Director, Networks, Nokia.

Telefónica is one of the largest telecommunications companies in the world in terms of market capitalisation. It has a presence in 23 countries and a customer base of 196 mln accesses around the world. Telefonica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy.

Telefónica is a 100% listed company, with more than 1.5 mln direct shareholders. Its shares are traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao and Valencia) and in London, Paris, Frankfurt, Tokyo, New York, Lima, Buenos Aires and São Paulo.