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Finance Colombia has learned that global IT giant Hewlett Packard will be closing its Medellin offices in the Ruta-N business incubator, and other commercial offices based in the city. The California based computer and services company has been in a period of uncertainty for some...

Unisys Corporation (NYSE: UIS) has announced the launch of the Unisys Global Innovation Center in Bogotá, Colombia. This center will be focused on the creation of customized IT solutions for Unisys clients throughout the world. The Bogotá center will be the second of its kind...

Colombia has turned out to be one of the major players in the growth of LTE in Latin America due to early commercial launches of the technology in 2012, preceding even the launches in the US by Sprint and T-Mobile and beating out markets like Denmark, Spain, France and Italy. The...

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...

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...

Based on a private report released in November 2014 by the global research firm Everest Group, Cali, Colombia does not necessarily receive the attention it deserves as an ideal global services delivery destination. More famous for its world class salsa scene, its “La Sexta” party...

Last week, PRAXIS, a global technology provider headquartered in Mexico, launched PraxFinancial a new tool directed to brokerage firms who want to offer their customers a tool that allows them to invest in the securities market in a simple, quick and novel way and, at the same...

Empresa Telefónica de Bogotá (ETB), claiming to be the second oldest existing telephone company on the planet, has been making impressive moves in 2014 and 2015, transforming its business model into a modern digital communications enterprise. CEO Saul Kattan Cohen was recognized...

The General Shareholders’ Meeting of 2015 took place yesterday for Empresa Telefónica de Bogotá (ETB), where an improvement in the telecom’s balance sheet of an increase in equity (25.6%) and a decrease in liabilities (29.1%) during the last three years was the highlight,...

Fitch Ratings has affirmed Empresa de Telecomunicaciones de Bogota S.A. E.S.P.’s (ETB) ratings as BBB- regarding Long-term foreign and local currency Issuer Default Ratings (IDRs). ETB has COP 530 billion senior notes due 2023 at ‘BBB-‘, and the agency has...