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Bogota court suspends ETB's investor search

Wednesday 23 September 2009 | 08:54 CET | News
A Bogota administrative court has temporarily suspended Colombian operator Empresa de Telecomunicaciones de Bogota's search for a strategic investor, reports local paper El Tiempo. The court decision follows an ETB workers' union lawsuit to suspend the process. Last week, ETB received a lawsuit from the workers union, Sindicato de Trabajadores de la Empresa de Telefonos de Bogota, which aimed to stop ETB's search for a strategic investor. ETB plans to appeal the court's decision this week.

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