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//America Movil
Fiber termination. Photo courtesy América Movil
0

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
Fiber termination. Photo courtesy América Movil
0

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
Photo courtesy: Proantioquia
2

Potential Board Appointees Turning Their Back On Medellín Mayor Daniel Quintero

Preciado took to Twitter to publicly reject the offer. Curiously these public rebukes took place after Quintero announced the appointments, leaving the question of whether he spoke to these individuals beforehand.
Posted On August 18, 2020
, By Loren Moss
movistar colombia fine million ultramagic
0

Colombia Telecomunicaciones’ (Movistar) Credit Ratings Remain Stable

Fitch says Movistar has a diversified service portfolio with a national footprint and improving 4G and fiber broadband networks. Mobile accounts for approximately 60% of revenues in 2019, in line with the regional median.
Posted On June 29, 2020
, By Loren Moss
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
0

Fitch Ratings Predicts Avianca, Digicel & Odebrect Will Be Unable To Repay Debt Due This Year

In a new report, Fitch Ratings said that it expects a combined $202 million USD in debt due this year and owed by Avianca, Odebrecht and Digicel will not be repaid by the issuers.
Posted On March 31, 2020
, By Loren Moss
Sylvia Constain, Colombia's Minister of Information Technology & Communications (with microphone)
off

Colombia Auctions Mobile Spectrum To 3 Bidders For $1.5 Billion USD

In an auction that raised 5 trillion pesos ($1.5 Billion USD), Colombia allocated mobile spectrum to operators America Movil (Claro) (NYSE: AMX, BMV: AMXL) and Millicom (Tigo) (NASD: TIGO, STO: TIGO SDB), and to British private equity investors Novator Partners. Telefónica’s...
Posted On December 30, 2019
, By Loren Moss
umbrella life insurance colombia
off

Fitch: 1 in 4 Latam Corporates Exposed To 1 or 2 Notch Rating Downgrade

One in four Fitch-rated corporates in Latin America is exposed to either a one-notch sovereign or country ceiling downgrade, while ratings for nearly one-third of issuers are vulnerable to a two-notch downgrade, according to Fitch Ratings. There are a meaningful number of...
Posted On October 15, 2019
, By Loren Moss
Photo credit: Tienda Movistar» de Andreuvv - Trabajo propio. Disponible bajo la licencia CC BY-SA 3.0 vía Wikimedia Commons
off

Fitch Upgrades ColTel (Movistar) to ‘BBB-‘; Outlook Stable

Fitch Ratings has upgraded Colombia Telecomunicaciones S.A. E.S.P.’s (ColTel) Foreign Currency (FC) and Local Currency (LC) Issuer Default Ratings (IDR) to ‘BBB-‘ from ‘BB+’, the 2022 notes to ‘BBB-‘ from ‘BB+’, and the hybrid...
Posted On October 4, 2019
, By Loren Moss
tigo colombia tigo une
off

Fitch Ratings Affirms Tigo Une’s Ratings at BBB with a Stable Outlook

"Tigo Une's solid performance has continued following its integration with Colombia Movil in 2014," says Fitch Ratings.
Posted On October 13, 2017
, By Jared Wade
Fitch Ratings Claro Colombia Telecom Telecommunications (Credit: Jared Wade)
off

Colombia to Use $1.45 Billion USD in Arbitration Payments from Claro and Movistar for Pre-financing 2018 Budget

The Colombian government confirmed that Claro and Movistar have submitted payments for the enormous fines levied against them.
Posted On August 31, 2017
, By Jared Wade
12




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RECENT

POPULAR

COMMENTS

William Shaw is CEO & Founder of Colombian LCC Ultra Air.

¿Qué Sigue? Airline Entrepreneur William Shaw Talks About The Launch Of Ultra Air, The Newest Colombian Low-Cost Carrier

Posted On July 1, 2022
Wingo's pork milanesa (schnitzel) sandwich,

Wingo Rolls Out Upgraded In-Flight Menu Options Available For Pre-Purchase When Booking Flight

Posted On July 1, 2022

Concentrix Opens Medellín Contact Center, To Employ Over 2,000 Bilingual Agents

Posted On July 1, 2022

Romanian Cybercriminal Mihai Ionut Paunescu Captured In Colombia

Posted On June 29, 2021
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EPM’s Board of Directors Resign En Masse, Creating Crisis For Mayor Daniel Quintero

Posted On August 17, 2020

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