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//ICT
Fiber termination. Photo courtesy América Movil
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Cellular Operator América Movil (Claro) Gets Electricity Cut Off By Cali’s Utility Company For Nonpayment

Emcali states that Claro has made a partial payment but the outstanding debt remains over $11 billion pesos.
Posted On February 16, 2022
, By Loren Moss
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Bogotá’s Siigo Accounting Software Purchases Mexico City Based Aspel ERP

Yesterday, Colombian multinational accounting software provider Siigo announced that it has closed on an acquisition of Mexican ERP software vendor Aspel. Though the amount paid was not disclosed, Siigo stated that it has committed to invest $20 million USD in ERP product...
Posted On February 10, 2022
, By Loren Moss
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Telefónica Spins Off Colombian Fiber Operations To Joint Venture WIth KKR

The new partnership is valued at $0.5 billion, approximately 20 times OIBDA pro forma and $410 Enterprise Value per Past Real Estate Unit.
Posted On January 17, 2022
, By Loren Moss
1

Colombia Finally Takes Top Spot in Annual Offshore BPO Confidence Index

Colombia obtained a rating of 90.9%, gaining first place in the index, followed by India, Bulgaria, South Africa, and El Salvador.
Posted On January 17, 2022
, By Loren Moss
Fiber termination. Photo courtesy América Movil
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Claro Installs Submarine Fiber Optic Cable To San Andrés Island, Upgrading Internet & Data Connectivity

According to Claro, the fiber optic connectivity will boost the connectivity on San Andrés by up to tenfold.
Posted On January 17, 2022
, By Loren Moss
Cesar Perez of Lumiquals
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Interview: Why New York IT Outsourcing Firm Lumiqualis Bet On Medellín For High Tech IT Delivery

"what really made Colombia stand out was the focus on building the technology capabilities, especially in Medellin."
Posted On January 11, 2022
, By Loren Moss
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LATAM Tech 2021 Annual Report Covering VC & PE Deals and Investment Available Here, Thanks To Tracxn

Tracxn also publishes annual reports and sector specific reports for other geographies, including India, North America, Singapore, EMEA region,etc.
Posted On January 7, 2022
, By Loren Moss
Top Equity Deals in the week 17th Dec - 23rd Dec 2021
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Online Platforms Attracted Pre-Christmas Deal Activity In Colombia

Colombia's Top Equity Deals during the week 17th Dec - 23rd Dec 2021
Posted On December 24, 2021
, By Loren Moss
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Colombian Statistical Agency DANE Presents Statistics At ANDICOM 2021 Showing Colombia Still Suffers A Vast Digital Divide

Rural areas in Colombia significantly lag urban areas for telecom & internet access. Cost remains a barrier for many.
Posted On December 9, 2021
, By Loren Moss
Carmen Ligia Valderrama Rojas
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CINTEL Announces Over $60 Million USD Of Business Conducted During ANDICOM IT Industry Convention

CINTEL has confirmed that ANDICOM 2022 Will be held in Cartagena August 31 - September 2.
Posted On December 8, 2021
, By Loren Moss
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