May 27, 2018 2:25 AM 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. E.S.P. provides telecommunication and digital television services in Colombia. It operates through three segments: Fixed, Mobile, and Others. The Fixed segment offers fixed network services, such as landline and public phone, long-distance call, Internet access, IT, and network leasing services. The Mobile segment provides mobile phone services based on 4G technology. The Others segment commercializes integral security systems, such as access control and surveillance cameras, as well as sells equipment. The company offers its services to families, businesses, companies, and government institutions through its Website, a call center, its stores, se...

Carrera. 7, No. 20

Bogotá,  

Colombia

Founded in 1884

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

Empresa de Telecomunicaciones de Bogotá S.A. E.S.P.(BVC:ETB) dropped from S&P Global BMI Index

Empresa de Telecomunicaciones de Bogotá S.A. E.S.P.(BVC:ETB) dropped from S&P Global BMI Index

Colombian Court Rules To End ETB Sale

A Colombian judge has ruled that that the planned sale of Bogotá municipality's majority stake in Empresa de Telecomunicaciones de Bogotá S.A. E.S.P. (BVC:ETB) must be annulled.

Millicom, Telefonica Are Main Contenders For ETB

European telecoms giants Millicom International Cellular S.A. (OTCPK:MIIC.F) and Telefonica S.A. (BME:TEF) are currently the main potential bidders for the acquisition of Colombian capital Bogot¡'s municipally owned Empresa de Telecomunicaciones de Bogotá S.A. E.S.P. Last week, the municipality said the telco will go on sale in mid-May 2017. It was reported that to date only UNE-Millicom and Telefónica have expressed their intention of doing due diligence on ETB. Bogoti municipality owns 3 billion shares equivalent to 86% of the company, meaning a potential transaction value of at least approximately $820 million. The sale was approved by the city council last year, but was held up as employee unions opposed the sell-off.

Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
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