Colombia’s commercial regulatory authority, the Superintendencia de Industria y Comercio (SIC), has ordered popular ride hailing platform Uber to cease operations in Colombia. So far Uber has rejected the order, indicates it is appealing, and continues to operate. Uber is very...
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...
Santos signed three new directives aimed to support technology development and innovation, including a tax break for certain software and training programs.
Colombia’s Agencia Nacional del Espectro (National Spectrum Agency) and MINTIC (Ministry of Information and Communication Technology) have imposed fines on three hotels operating in Bogotá for unlawfully using electronic devices to jam mobile phone signals within their premises...