Starting June 2024, location inclusion criteria use the Precision Validity Score (PVS) for mobile and fixed broadband. Results are updated mid-month for the previous three months.
Market Analysis
Fastest Providers - Download
Speedtest Intelligence® reveals that there was no statistical winner among top providers in Panama in Q4 2023.
147.58 Tigo | |||
146.95 MasMovil | |||
| 0 | 50 | 100 | 150 |
Fastest Providers - Upload
Calculating median upload speed for top fixed broadband providers in Panama during Q4 2023, MasMovil had the fastest median upload speed at 33.38 Mbps.
33.38 MasMovil | ||||
14.70 Tigo | ||||
| 0 | 10 | 20 | 30 | 40 |
Median Multi-Server Latency
Our fixed broadband multi-server latency results in Q4 2023 showed that among top providers, MasMovil registered the lowest median multi-server latency in Panama at 16 ms.
16 MasMovil | ||||
18 Tigo | ||||
| 0 | 5 | 10 | 15 | 20 |
Consistency
In measuring the consistency of each fixed broadband provider’s performance, we found that there was no statistical winner for highest Consistency in Panama during Q4 2023.
86.8% MasMovil | ||||||||
85.9% Tigo |
City Speeds
La Chorrera showed the fastest median download speed over fixed broadband among Panama's most populous cities during Q4 2023 at 156.71 Mbps.
Rank | City | Median Download Mbps | Median Upload Mbps | Median Multi-Server Latency |
|---|---|---|---|---|
| 1 | La Chorrera | 156.71 | 14.06 | 18 |
| 2 | Santiago | 146.58 | 10.55 | 20 |
| 3 | David | 140.92 | 13.10 | 95 |
| 4 | Panama City | 136.74 | 14.83 | 17 |
| 5 | Colon | 110.45 | 14.92 | 17 |
Market Analysis
Fastest Providers - Download
Speedtest Intelligence® reveals that among top mobile operators in Panama in Q4 2023, MasMovil delivered the fastest median download speed at 27.24 Mbps.
27.24 MasMovil | |||
15.50 Tigo | |||
10.36 Digicel | |||
| 0 | 10 | 20 | 30 |
Fastest Providers - Upload
Calculating median upload speed for top mobile operators in Panama during Q4 2023, MasMovil had the fastest median upload speed at 15.18 Mbps.
15.18 MasMovil | ||||
11.07 Tigo | ||||
9.11 Digicel | ||||
| 0 | 5 | 10 | 15 | 20 |
Median Multi-Server Latency
Our mobile multi-server latency results in Q4 2023 showed that among top providers, Digicel registered the lowest median multi-server latency in Panama at 34 ms.
34 Digicel | |||||
35 MasMovil | |||||
45 Tigo | |||||
| 0 | 10 | 20 | 30 | 40 | 50 |
Consistency
In measuring the consistency of each operator’s performance, we found that MasMovil had the highest Consistency in Panama during Q4 2023, with 79.3% of results showing at least a 5 Mbps minimum download speed and 1 Mbps minimum upload speed.
79.3% MasMovil | ||||||||
73.7% Tigo | ||||||||
61.7% Digicel |
Device Information
An analysis of performance on some of the fastest phones in Panama found that there was no statistical winner during Q4 2023.
Device Name | Manufacturer | Median Download Mbps | Median Upload Mbps | Median Median Multi-Server Latency ms |
|---|---|---|---|---|
| iPhone 15 Pro Max | Apple | 38.79 | 20.16 | 37 |
| iPhone 13 Pro Max | Apple | 33.64 | 15.45 | 38 |
| iPhone 12 5G | Apple | 33.25 | 17.10 | 38 |
| iPhone 14 Pro Max | Apple | 31.24 | 14.54 | 39 |
| iPhone 13 Pro | Apple | 30.50 | 16.58 | 37 |
Manufacturer Information
We examined combined performance by major cell phone manufacturers and found that devices from Apple had the fastest median download speed in Panama during Q4 2023 at 26.77 Mbps.
Manufacturer | Median Download Mbps | Median Upload Mbps | Median Median Multi-Server Latency ms |
|---|---|---|---|
| Apple | 26.77 | 13.36 | 39 |
| Samsung | 18.79 | 11.83 | 37 |
| HONOR | 15.98 | 12.58 | 39 |
| Xiaomi | 15.04 | 12.08 | 39 |
| Huawei | 14.52 | 10.89 | 36 |
Chipset Information
Looking at five of the fastest chipsets in Panama, we found that there were no statistical winners during Q4 2023.
Chipset | Manufacturer | Median Download Mbps | Median Upload Mbps | Median Median Multi-Server Latency ms |
|---|---|---|---|---|
| Snapdragon X70 5G | Qualcomm | 38.97 | 20.08 | 39 |
| Snapdragon X60 5G | Qualcomm | 31.82 | 15.75 | 37 |
| Snapdragon X55 5G | Qualcomm | 30.97 | 15.23 | 39 |
| Exynos 2100 | Samsung | 30.52 | 14.47 | 34 |
| Snapdragon X65 5G | Qualcomm | 30.32 | 14.73 | 38 |
City Speeds
David showed the fastest median mobile download speed among Panama’s most populous cities during Q4 2023 at 21.57 Mbps.
Rank | City | Median Download Mbps | Median Upload Mbps | Median Multi-Server Latency |
|---|---|---|---|---|
| 1 | David | 21.57 | 12.07 | 109 |
| 2 | Panama City | 19.43 | 13.87 | 36 |
| 3 | Colon | 16.89 | 14.63 | 35 |
| 4 | Santiago | 14.29 | 9.84 | 37 |
| 5 | La Chorrera | 11.92 | 9.72 | 37 |
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