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PRAXIS Launches Mobile Investment App in Colombia

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...
Posted On March 28, 2015
, By Loren Moss
1

Interview: ETB Making Moves To Catch Up, Surpass Competition

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...
Posted On March 26, 2015
, By Loren Moss
1

ETB Reports Record 20-Year Profits, New Board of Directors Elected At Shareholder Meeting

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,...
Posted On March 25, 2015
, By Loren Moss
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Fitch Affirms Empresa de Telecomunicaciones de Bogota S.A. E.S.P. at ‘BBB-‘; Outlook Stable

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...
Posted On March 23, 2015
, By Loren Moss
tigo colombia tigo une
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Millicom International Cellular, “Tigo,” Reports Strong 2014 Results

Millicom International Cellular, operating in Colombia and other Latin American markets as Tigo, reported last week strong revenue growth, up 14.9% to $6.39 billion (all figures in USD) and an EBITDA of $2.09 billion, revealing a solid operating margin of 32.8%. The resultant...
Posted On February 16, 2015
, By Loren Moss
Pictured, from left to right: Gabriel Vallejo, Minister of Environment and Sustainable Development, Diego Molano Vega, Minister of Information and Communications Technologies, Nancy Patricia Gutiérrez, President Asomovil, Sergio González Guzmán, CEO Asomovil, Sebastian Cabello, Head of GSMA Latin America GSMA, Ariel Ponton, CEO Movistar, Santiago Pardo, VP Regulation for Claro, Marcelo Cataldo, VP Unidad Movil, Tigo – Photo courtesy GSMA
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Mobile Phone Industry Launches Customer Experience Initiative With Government, Trade Groups

Colombian mobile operators Claro, Telefónica Movistar and Tigo and trade association Asomóvil, together with the GSMA industry group today announced a series of joint initiatives to enhance mobile users’ experiences throughout the country. These initiatives are supported by the...
Posted On February 12, 2015
, By Loren Moss
Christian Onetto
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Cisco is Bullish on Colombia

Finance Colombia’s Loren Moss sat down with with Christian Onetto, the general manager of Cisco Colombia, to get his take on why Cisco sees such promise in Colombia. Cisco recently moved to expansive, revamped offices in Bogotá’s Usaquen district, complete with Colombia’s first...
Posted On January 28, 2015
, By Loren Moss
Colombia's President Santos (L) with Facebook CEO Mark Zuckerburg in Casa Nariño, Bogotá
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Facebook’s Mark Zuckerberg Travels To Colombia, Announces Internet.org App

Today, at an event in Bogotá, Colombia, Facebook founder and CEO Mark Zuckerberg and President Juan Manuel Santos announced the availability of Facebook’s Internet.org app for Tigo customers in Colombia. Zuckerberg hosted a live question & answer session ...
Posted On January 14, 2015
, By Loren Moss
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