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Month

//November 2015
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Latin America To Reach 159 Million Machine to Machine IoT Connections by 2024

The availability of wireless networks will be key for future development of Machine to Machine (M2M) connections in Latin America – and everywhere else. According to research done on behalf of 4G Americas by Machina Research, in 2014 there were 14.6 million M2M IoT (Internet of...
Posted On November 24, 2015
, By Loren Moss
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Epson Launches EcoTank L220 & L365 Printers For Colombia’s Small / Remote Office Market

Epson has announced the launch of its L220 and L365 Ecotank inkjet printers in Colombia, designed for the small office and consumer environment. Like other Ecotank printers, the print system is based on discrete CMYK ink tanks and permanent print heads, eliminating the reliance...
Posted On November 24, 2015
, By Loren Moss
EPM Headquarters Building in Medellín's Plaza Mayor
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Empresas Públicas de Medellín (EPM) Signs Renewal Deal With Unisys For Critical Infrastructure Cybersecurity

Unisys Corporation (NYSE: UIS) has announced this past week that Empresas Públicas de Medellín (EPM) has renewed its contract for cybersecurity with Unisys, covering information security threat and event management For EPM’s domestic Colombian operations. The renewal means Unisys...
Posted On November 24, 2015
, By Loren Moss
An Avianca Airbus A320 Jet
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Avianca Sees Record Growth, Reports Quarterly Net Income Of US$102.1 Million

During the third quarter of 2015, Colombia’s Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) announced operating revenues amounting to US$1.12 billion and a net income of US$102.1 million, an increase of US$ 68.9 million over 3Q 2014. As such, net margin was 9.1%, 6.4% above the...
Posted On November 24, 2015
, By Loren Moss
Photo credit: Tienda Movistar» de Andreuvv - Trabajo propio. Disponible bajo la licencia CC BY-SA 3.0 vía Wikimedia Commons
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Fitch: Movistar Colombia’s Margins Pressured By Sluggish Mobile Data & Non-Traditional Fixed Services Growth

Fitch Ratings expects operating margins for Colombia Telecomunicaciones S.A. E.S.P. (Coltel) to weaken in the short to medium term due to the slow pace of revenue diversification and a downward trend for average revenue per user (ARPU). Despite the ongoing challenges, Fitch...
Posted On November 11, 2015
, By Loren Moss
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Colombians Daniel Bluman & Roberto Teran Win At Toronto Equestrian Competition

Daniel Bluman of Colombia opened international show jumping competition with a win in the $20,000 International Jumper Power and Speed on Tuesday, November 10, at the Royal Horse Show, held as part of The Royal Agricultural Winter Fair in downtown Toronto, Canada. Show jumping...
Posted On November 11, 2015
, By Loren Moss
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Alternative Agricultural Investments To Be Showcased At Agri Investment LATAM 2015

Roughly 20 alternative agricultural and sustainable forestry investments will be presented to national and international investors this Thursday during the Agri Investment Latam symposium at the Hilton Bogotá (from 8am to 8pm), sponsored by Agrofuturo and ColCapital. Colombian...
Posted On November 10, 2015
, By Loren Moss
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Breaking News (Statement): US Treasury Department Goes After Los Urabeños Operatives

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated two high-ranking members of the violent Colombian drug trafficking organization Los Urabeños as Specially Designated Narcotics Traffickers (SDNTs) pursuant to the Foreign Narcotics...
Posted On November 10, 2015
, By Loren Moss
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Baker & McKenzie: Colombia & Brasil Now Prime M&A Target Markets

Global law firm Baker & McKenzie has launched the Cross Border M&A Index, a study in conjunction with Merger Market, which forecasts a 10% growth in cross border M&A transactions driven primarily by the US, EU, and Asian markets. Still, of the $375 billion (USD)...
Posted On November 9, 2015
, By Loren Moss
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IDB Loans $500 Million USD To Back Colombia Financial Sector Reforms

The Inter-American Development Bank (IDB) has approved a $500 million loan that will support reforms of Colombia’s financial system and contribute to the economic growth of the country. The reforms are designed to promote an increase in financing for productive development,...
Posted On November 9, 2015
, By Loren Moss
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