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Colombia's ETB posts COP 24 bln profit in Q3

Monday 19 November 2018 | 11:24 CET | News
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB), owned by Bogota city council, reported a net profit of COP 24 billion in the third quarter of 2018, overturning a COP 36 billion loss a year earlier due above all increased fibre and TV customers. The company's revenues rose by COP 15 billion sequentially to COP 385 billion while accumulated annual EBITDA rose to COP 395 billion, with a 36 percent margin.

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Categories: General
Companies: ETB
Countries: Colombia
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