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By

//Loren Moss
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Hilton’s First DoubleTree Hotel In Colombia Opens By Bogotá’s Parque 93 In Chicó

Hilton Worldwide (NYSE: HLT) on Monday celebrated the opening of the DoubleTree by Hilton Bogotá – Parque 93, its first hotel in Colombia. Located in Bogotás Chico neighborhood, the 132-room full-service hotel is in one of Bogotá’s upscale areas featuring businesses,...
Posted On December 17, 2015
, By Loren Moss
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Texas Based Christus Health To Take Stake In Grupo Coomeva Health Units

Yesterday, Dallas, Texas based Christus Health announced the signing of an agreement with Cali based Grupo Empresarial Coomeva Cooperativa Medica (Coomeva) in Colombia that will lead to definitive agreements in early 2016. Discussions began two years ago between Christus Health,...
Posted On December 17, 2015
, By Loren Moss
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Brasil’s Rapiddo Takes Stake in Colombia’s Mensajeros Urbanos

Brasil’s Rapiddo has taken a stake for an undisclosed sum in Colombian startup Mensajeros Urbanos, Finance Colombia has learned. The Colombian startup, incubated in Telefonica’s  initiative titled Wayra Colombia, provides express messenger and delivery services, along with a web...
Posted On December 15, 2015
, By Loren Moss
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Caño Limon Covenas Oil Pipeline Achieves 30 Year Operational Milestone

Ecopetrol’s Oleoducto (Pipeline) Caño Limón Coveñas has reached 30 years of operation, reported Ecopetrol this month. Over that time, the pipeline has transported 1.5 billion barrels of crude oil, contributing $148 billion pesos to the economies of the surrounding areas. Such...
Posted On December 15, 2015
, By Loren Moss
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Latin America To Reach 159 Million Machine to Machine IoT Connections by 2024

The availability of wireless networks will be key for future development of Machine to Machine (M2M) connections in Latin America – and everywhere else. According to research done on behalf of 4G Americas by Machina Research, in 2014 there were 14.6 million M2M IoT (Internet of...
Posted On November 24, 2015
, By Loren Moss
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Epson Launches EcoTank L220 & L365 Printers For Colombia’s Small / Remote Office Market

Epson has announced the launch of its L220 and L365 Ecotank inkjet printers in Colombia, designed for the small office and consumer environment. Like other Ecotank printers, the print system is based on discrete CMYK ink tanks and permanent print heads, eliminating the reliance...
Posted On November 24, 2015
, By Loren Moss
EPM Headquarters Building in Medellín's Plaza Mayor
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Empresas Públicas de Medellín (EPM) Signs Renewal Deal With Unisys For Critical Infrastructure Cybersecurity

Unisys Corporation (NYSE: UIS) has announced this past week that Empresas Públicas de Medellín (EPM) has renewed its contract for cybersecurity with Unisys, covering information security threat and event management For EPM’s domestic Colombian operations. The renewal means Unisys...
Posted On November 24, 2015
, By Loren Moss
An Avianca Airbus A320 Jet
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Avianca Sees Record Growth, Reports Quarterly Net Income Of US$102.1 Million

During the third quarter of 2015, Colombia’s Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) announced operating revenues amounting to US$1.12 billion and a net income of US$102.1 million, an increase of US$ 68.9 million over 3Q 2014. As such, net margin was 9.1%, 6.4% above the...
Posted On November 24, 2015
, By Loren Moss
Photo credit: Tienda Movistar» de Andreuvv - Trabajo propio. Disponible bajo la licencia CC BY-SA 3.0 vía Wikimedia Commons
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Fitch: Movistar Colombia’s Margins Pressured By Sluggish Mobile Data & Non-Traditional Fixed Services Growth

Fitch Ratings expects operating margins for Colombia Telecomunicaciones S.A. E.S.P. (Coltel) to weaken in the short to medium term due to the slow pace of revenue diversification and a downward trend for average revenue per user (ARPU). Despite the ongoing challenges, Fitch...
Posted On November 11, 2015
, By Loren Moss
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Colombians Daniel Bluman & Roberto Teran Win At Toronto Equestrian Competition

Daniel Bluman of Colombia opened international show jumping competition with a win in the $20,000 International Jumper Power and Speed on Tuesday, November 10, at the Royal Horse Show, held as part of The Royal Agricultural Winter Fair in downtown Toronto, Canada. Show jumping...
Posted On November 11, 2015
, By Loren Moss
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