June 27, 2017 2:39 AM ET

Diversified Telecommunication Services

Company Overview of Colombia Telecomunicaciones S.A. E.S.P.

Company Overview

Colombia Telecomunicaciones S.A. ESP operates as a telecommunications company in Colombia and internationally. The company provides local and long distance telephone services, including traffic voice, voice and connectivity, and roaming services; and television, mobile or data, broadband, and other services. It serves approximately 322 million customers in 21 countries. The company is based in Bogotá, Colombia.

Transversal 60 No.114 A 55

Bogotá,  

Colombia

5,157 Employees

Key Executives for Colombia Telecomunicaciones S.A. E.S.P.

Executive Director
Compensation as of Fiscal Year 2016.

Colombia Telecomunicaciones S.A. E.S.P. Key Developments

Telecomunicaciones Mulls IPO

Colombia Telecomunicaciones S.A. E.S.P. is looking for an initial public offering (IPO). The Colombian government and the Spanish telecommunications company Telefónica Internacional, S.A.U. are considering an IPO for their joint enterprise Colombia Telecomunicaciones S.A. E.S.P., as revealed by sources close to the matter. The aim of the possible IPO is to sell the government's 32.5% stake in Coltel as a way of raising funds to meet its employee pension obligations, which might also involve a capitalization of Telefonica's shares.

Colombia Telecomunicaciones S.A. E.S.P. Auditor Raises 'Going Concern' Doubt

Colombia Telecomunicaciones S.A. E.S.P. filed its Annual on Apr 13, 2017 for the period ending Dec 31, 2016. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Telefónica Colombia Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 2015

Telefónica Colombia reported unaudited consolidated earnings results for the fourth quarter and full year ended December 2015. For the quarter, the company’s revenues were EUR 358 million compared to EUR 438 million a year ago. OIBDA was EUR 130 million compared to EUR 170 million a year ago. CapEx was EUR 88 million compared to EUR 105 million a year ago. For the year, the company’s revenues were EUR 1,508 million compared to EUR 1,719 million a year ago. OIBDA was EUR 547 million compared to EUR 627 million a year ago. CapEx was EUR 342 million compared to EUR 496 million a year ago.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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