Tag Archives: ETB

VTR has the fastest broadband in South America

VTR, Chilean operator owned by Liberty Latin America which offers triple play to its clients, presented the fastest broadband speed in South America, according to the report made by the Fixed Internet Connections Barometer in the region, published last July 4th, and included operators from Argentina, Bolivia, Brazil, Colombia, Chile, Ecuador, Paraguay, Peru, Uruguay and [...]

ETB aims to have one million homes with FTTH in Colombia

The Bogotas Telecommunications Company  (ETB) intends to record one million homes connected with FTTH, that is, 200 thousand more than those covered in 2018. The networks expansion will cover all of Bogota. The company invested a total of USD 109.5 million this year, of which 25% will be destined to  this project. When we started [...]

Bogota’s Majorship won’t sell ETB

Bogotas Majorship decided not to sell Bogotas Telecommunications Company (ETB), as confirmed by Beatriz Arbeláez, Finance Secretary of that city. The announcement was made by Jorge Castellanos Rueda, who presides ETB since 2016. In December 2018, Cundinamarca Administrative Court ruled in the second legal instance against the District and ratified the nullity of ETB sale, [...]

The leading conference on the TV and OTT business comes to Colombia

The main executive of the TV and OTT markets will gather again in the sixth edition of NexTV Series Colombia, the conference organized by Dataxis, which will be held on Thursday, June 7, at the Convention Center of Tequendama Hotel in Bogotá, with the participation of leading companies of the country. The event will address [...]

ETB reduces losses by 49% in 2017

Colombia’s Empresa de Telecomunicaciones de Bogotá (ETB) reported net losses of Co$130 billion in 2017 (USD 46.3 million), an improvement of 49% compared to previous year. The financial performance data was announced by ETB’s President, Jorge Castellanos Rueda, at the General Assembly of Shareholders, held last week. The executive said that in 2017, Ebitda grew [...]

Colombia’s ETB reports loss but gains pay TV, Internet subs

The Telecommunication Company of Bogotá (ETB) announced the financial results for the first half of the year in which it reported a loss of CO $ 113 billion (USD 38 million) due to depreciation and amortization of investments from previous years. However, the company highlighted “the addition of more customers and growth rates higher than [...]

Crackle launches in Colombia with ETB

Sony Pictures Television’s SVOD service Crackle announced its arrival in the Colombian market as part of the new TV paga offer of the Telecommunication Company of Bogotá (ETB). For a monthly fee of CO $ 11,400 (USD 3.4) after a free-month trial, ETB clients can download the application on different connected devices and use it [...]

ETB sale process begins in Colombia

Next week will begin the process of selling the shares of Empresa de Telecomunicaciones de Bogota (ETB), which currently owns the city council. According to the Ministry of Finance, each share is valued at CO$ 671 (USD 0.22). The base price of the company is CO $ 2.38 billion (USD 800.5 million). According to local [...]

Privatization of ETB of Colombia was controversially approved

  The legislative Council of Bogota, capital of Colombia, approved in a first session the sale of 80% stock share on state telecommunications company ETB, local press reported. To the first quarter of 2016, the company showed a drop of 31.6% in gross profit (in local currency) and losses of almost USD 20 million.   [...]