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

Colombia’s mobile market is the most saturated in the Andean region, with over 82 million mobile lines for its 50 million citizens.

Quintero is pretending to make laws for a mayoral administration 3 terms into the future. Why would he do this?

Colombia ranks 4th in download speed for broadband & 10th in mobile speed, out of 11 South American Countries.

Calculating mean latency for top mobile providers in Colombia during Q3 2021, Tigo had the lowest latency at 38 ms.

"Medellin is partner in the ownership of 5 airports in Colombia: Rionegro, Olaya Herrera, Encarepa, Enquito, Corozal Sucre. When an airplane lands in any of those airports, Medellin earns some pesos."

The sovereign downgrade reflects the deterioration of the public finances with large fiscal deficits in 2020-2022, a rising government debt level, and reduced confidence around the capacity of the government to credibly place debt on a downward path in the coming years.

The letter of resignation came just hours after a contentious press conference where Calderón wished to discuss his investment plan, but the press, including Finance Colombia, wished to delve into the numerous gaps and inconsistencies in his qualifications.

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...

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...