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October 08, 2015 11:53 PM ET

Diversified Telecommunication Services

Company Overview of Empresa de Telecomunicaciones de Bogotá S.A. E.S.P.

Company Overview

Empresa de Telecomunicaciones de Bogotá S.A. ESP operates in the telecommunications sector in Colombia. It offers local and long distance telephony, broadband Internet, carrier connectivity, ETB card, television, managed IP communications, datacenter, and call center services for homes, SMEs, and corporate customers. The company was founded in 1884 and is based in Bogota, Colombia.

Carrera 8 No. 20 – 56



Founded in 1884


57 1 242 3523

Key Executives for Empresa de Telecomunicaciones de Bogotá S.A. E.S.P.

Empresa de Telecomunicaciones de Bogotá S.A. E.S.P. does not have any Key Executives recorded.

Empresa de Telecomunicaciones de Bogotá S.A. E.S.P. Key Developments

ETB Launches 4G Service in Colombia

ETB launched 4G service in Colombia. The 4G launch is part of ETB's structural overhaul to diversify its business lines away from its traditional fixed line segments. The firm continues to install fiber optic infrastructure and has previously stated that coverage will reach 85% in Colombian capital Bogot.

ETB Announces to Invest USD 1 Billion in New Services from 2014

ETB announced a USD 1 Billion investment to launch several new television, internet and mobile services in 2014 as part of its 2012-16 corporate strategic plan. With this new network, which is planned to provide coverage to 85% of Bogotá in less than three years, the company is also planning to launch interactive television services in January.

ETB Reports Earnings Results for the Third Quarter of 2013; to Launch Fiber to the Home (FTTH) and IPTV Services Before the End of 2013

ETB reported earnings results for the third quarter of 2013. For the quarter, the company saw its revenues increase by around 2.6% to COP 340 billion compared to COP 331 billion in the same quarter of 2012. Ebitda reached COP 147 billion, amounting to a 43.1% margin, according to the presentation. The company has battled with falling revenues in recent quarters as it has undergone a transition towards offering an increasing range of data services. ETB will launch fiber to the home (FTTH) and IPTV services before the end of 2013. In the coming months the company is also expecting to initiate the process of contracting network infrastructure and IT systems for its upcoming LTE roll out.

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