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Month

//April 2015
Bolsa de Valores de Colombia
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Breaking News: Bolsa De Valores Colombia Acquires Sophos Banking Solutions

This afternoon, the Colombian Stock Exchange (BVC) announced that it has reached an agreement to acquire 51% of Sophos Banking Solutions in an all cash deal. Sophos is a leading South American technology firm with a focus on the finance and securities sector. The motivation...
Posted On April 29, 2015
, By Loren Moss
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W Hotel Bogotá: Modernist Luxury Comes To Usaquén

Finance Colombia recently visited Starwood Hotels and Resorts’ (NYSE: HOT) recently opened W Bogotá in Bogotá’s north side, possibly Colombia’s premier luxury hotel designed for the high-end business traveler with tastes running towards the modern. The hotel presents a markedly...
Posted On April 26, 2015
, By Loren Moss
Rendering of the new auditorium on EAFIT's campus, built by Grupo Argos as part of its Centro Argos Para La Innovacion
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Exclusive: EAFIT’s Rector Discusses The University’s International Alliances, Corporate Partnerships, And Social Inclusion

EAFIT is a fairly young university when compared to European colleges or even many in the New World. Still, it has done quite a bit in its 55 year history. Started by business leaders in Antioquia who wanted a qualified source of managers and technicians, EAFIT has managed to...
Posted On April 26, 2015
, By Loren Moss
Photo © Loren Moss
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Fitch: Colombia’s Banks Resistant to Weak Peso and Slow Growth

The strong U.S. dollar, Colombian peso (COP) depreciation and slow growth in Latin American economies are not expected to be serious threats to the credit strengths of Colombia’s largest private banks, says Fitch Ratings. In a strong dollar environment, Colombia’s...
Posted On April 26, 2015
, By Loren Moss
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Colombia Receives $400 Million USD Credit Line From The Central American Bank for Economic Integration

Colombia’s Minister of Finance, Mauricio Cardenas, revealed Thursday that Colombia will have access to a credit line of US $ 400 million with the Central American Bank for Economic Integration (BCIE for its initials in Spanish). Colombia has been a non-regional member of the BCIE...
Posted On April 26, 2015
, By Loren Moss
EPM's General Manager Juan Esteban Calle Restrepo at the press conference announcing EPM's acquisition of ADASA
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Medellin’s Public Utility EPM Purchases Aguas Antofagasta of Chile

The utility Grupo EPM (Empresas Públicas de Medellín), owned by the municipal government of Colombia’s second largest city, has reached an agreement to purchase the water utility Aguas de Antofagasta, S.A. (ADASA)  in Chile, subject to Chile’s Empresa Concesionaria de Servicios...
Posted On April 26, 2015
, By Loren Moss
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Millicom’s Tigo And UNE Brands Contributing To Strong Q1 2015 Results

Millicom International Cellular (NASDAQ:MICC) (STO:MIC), the Luxembourg based global telecom operating the Tigo and UNE brands in Colombia is reporting strong first quarter revenue growth across its operating units. While the weakness of the Colombian Peso has served as a drag on...
Posted On April 22, 2015
, By Loren Moss
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UPDATED: West Face Capital Launches Proxy War To Usurp Management And Take Control of Gran Tierra Energy

It was only a matter of time before dominoes start to fall in the Andean petroleum sector due to the prolonged low oil prices, and now, Finance Colombia has obtained documents filed with the United States Securities and Exchange Commission (SEC) signaling the intent by Toronto...
Posted On April 21, 2015
, By Loren Moss
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Colombia Leading Growth of 4G LTE Adoption In Latin America; Exclusive Interview With 4G Americas’ José Otero

Latin America has seen a substantial increase in LTE deployments and subscribers with an impressive 488% annual growth from 2 million LTE connections at end of 2013 to 12 million at the end of 2014. This growth is due in large part to the spectrum auctions that have occurred...
Posted On April 20, 2015
, By Loren Moss
Finance Colombia's Loren Moss speaks with Blockwise's Evangelina Colasso
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Why Would A Gaming Software Company Co-Founded By An Argentine In Brasíl Move Everything to Medellín, Colombia?

Blokwise, also known as BW Studios, has developed video game and animation work for South American brands such as Haceb and Pilsen, as well as global entertainment giants like TNT and the Cartoon Network. A company like this could probably operate anywhere, whether in Brasíl...
Posted On April 20, 2015
, By Loren Moss
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