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Colombian watchdog approves Avantel restructuring plan

Monday 28 September 2020 | 13:59 CET | News
Colombia's companies regulator 'Supersociedades' has approved a plan proposed by operator Avantel to proceed with a 10-year plan to restructure its liabilities while continuing to exercise its corporate purpose. The agreement will allow Avantel to maintain nearly 400 direct jobs, said the watchdog in a short statement following the virtual public hearing held on 21 and 23 September.

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Categories: Internet
Companies: Mintic (Colombian ICT ministry)
Countries: Colombia
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