I have a iphone and i restarted it. and now it says to connect to itunes and i do. and it says theres a problem with my phone

i need help asap

i need some help pleaseeeeee Clyde77, i think i ruin my phone....
im from panama, my phone i got it in usa, when it goy here (to panama) i had to buy a regular sim card from the phone company, it was working perfectly fine, but then a few days ago the signal got lost and it says SEARCHING... i though it was the sim card that wasnt working so i got a new one yesterday and still did not work, so i thought that if i erease everything and start the configuration all over it was going to make it work, but now is worse cause the phone doesnt let me do the configuration it says in the screen that the phone cant be configurated cause the server is not available.... so now i dont know what to do and the worse part is that the SEARCHING... is still on...please please tell me what do i need to do in oprder for me to fix this...
(sorry for my writing, i am a latin girl)
thanks

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