Bogota Talking with Potential ETB Partners

Bogota Talking with Potential ETB Partners

Colombia M&A

Bogota’s government is in the process of looking for alternatives to strengthen Empresa de Telecomunicaciones de Bogota, and is discussing strategic partnerships with foreign and domestic parties. The city, owner of 88% of ETB, had recently reiterated that it wishes to avoid a sale of ETB, as it is not the most economic solution. Brazil’s Oi and fellow Colombian municipal services operator Emcali have reportedly been identified as potential partners, as well as Korean investors who mig

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