ETB President Exits

ETB President Exits

People Corporate & Sovereign Strategy Colombia

Fernando Carrizosa has resigned as president of Empresa de Telecomunicaciones de Bogota (ETB). The company has yet to give a reason for his departure or indicate who might replace Carrizosa. The future of the city-owned telecom has been the subject of much debate over the last 2 years. Last month, Bogota’s city council unanimously rejected a plan to sell off its 88% stake in ETB dashing hopes that such a sale would see the light of day. With investment needs of more than $1bn, ETB has also

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