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In terms of locations, Cartagena is the current speed champion with a median fixed download speed of 146.74 Mbps.

A recent CINTEL's study found that the average company in the country rates at just 51.5% on its Digital Transformation Maturity Index.

Companies in Colombia will soon have to confront a new tax, the Minimum Income Tax (TTD), that requires them to pay 15% of profits regardless of size.

Operators, providers, and other companies included in the regulation may face sanctions from the Superintendence of Industry and Commerce if they fail to comply.

"Cirion brings a lot of things to our clients, but we base all of it on the user experience. We work hand in hand with the clients through the entire journey."

"This equity injection, along with an agreement to rollover bank debt with Bancolombia, have allowed the company to greatly reduce its refinancing risk," stated Fitch.

Manolo Constain of Invest Pacific said that the trip was designed to generate investment, foster job creation, and "reinforce commercial ties between the two territories."

The funds will be used to "prioritize the construction of digital highways" and "expand the connectivity service to millions of users," said the companies.

With Colombia's third largest mobile carrier in financial turmoil, the radical change was agreed to at the September 13 shareholder meeting.

The attack impacted a database containing more than 50 million Ministry of Health data records and also affected sites in Chile and Panama.