0
General

ETB revenues down 4% in Q3, adds 100,000 fibre clients

Thursday 26 November 2020 | 11:03 CET | News
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB) reported a 4.1 percent year on year fall in revenues to COP 343.1 billion (around USD 94 million) in the third quarter of 2020, attributed to ongoing Covid-19 impact on services and higher costs, offset by rising fibre customers and lower personnel costs. EBITDA fell 14.2 percent year on year to COP 101.2 billion, with a margin of 29.5 percent compared to 37 percent a year earlier, but the company posted a COP 101.8 billion profit, up 3.8 percent year on year. The company's fibre segment now accounts for 32 percent of revenues,

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: ETB
Countries: Colombia
::: add a comment
This article is part of dossier

Coronavirus


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Columbia's ETB returns to growth in Q1, fibre customers top 500,000

Published 28 May 2021 12:16 CET | Colombia
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB) returned to growth in the first quarter of 2021 following recent ...

Columbia's ETB posts FY sales down 10%, triples fibre subs

Published 29 Mar 2021 15:25 CET | Colombia
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB) reported a 9.6 percent year on year decline in revenues to COP ...

Colombia's ETB adds DirecTV Go to TV offer

Published 11 Feb 2021 11:54 CET | Colombia
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB) has reached an agreement with AT&T's Latin American subsidiary ...

ETB and Ufinet set up Colombian FTTH company to cover Bogota

Published 09 Feb 2021 09:56 CET | Colombia
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB) has signed an agreement with Latin American wholesale fibre ...

ETB launches Colombia's first 500Mbps fibre service

Published 05 Feb 2021 11:01 CET | Colombia
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB) has launched what it describes as the country's first ...

Colombia delays 5G tender to Q4 2021

Published 12 Nov 2020 12:47 CET | Colombia
Colombia intends to award 5G-ready spectrum in the final quarter of 2021, a few months later than the originally scheduled ...

Six operators interested in Colombia 5G spectrum tender

Published 07 Sep 2020 13:52 CET | Colombia
Colombia's Ministry of Information Technology and Communications (Mintic) announced that a total of six local operators have ...

ETB revenues slide 2% in H1 on Covid impact

Published 24 Aug 2020 11:50 CET | Colombia
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB) reported a 2 percent year on year decline in revenues to COP ...

Colombia's ETB to invest COP 1.2 tln in fibre push

Published 09 Jul 2020 14:27 CET | Colombia
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB), owned by Bogota city council, has committed to investing some ...

ETB revenues steady at COP 340 bln in Q1, EBITDA slumps 10%

Published 25 May 2020 13:21 CET | Colombia
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB), owned by Bogota city council, reported a 0.3 percent year on ...

ETB, Claro top Colombia fixed internet speed ranking

Published 03 Feb 2020 15:50 CET | Colombia
Empresa de Telecomunicaciones de Bogota (ETB) continued providing the best fixed internet service in Colombia last year, just as ...





Calendar   /   Industry Events

28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
28 Jan MTN Nigeria Q4 2021
28 Jan SK Hynix Q4
28 Jan Charter Communications Q4
31 Jan KPN Q4 2021
31 Jan NEC fiscal Q3
31 Jan Cirrus Logic Q3
31 Jan NXP Semiconductors Q4 2021
31 Jan Harmonic Q4
01 Feb Tele2 Q4
01 Feb Vantage Towers fiscal Q3
01 Feb Vodacom fiscal Q3
01 Feb A10 Networks Q4
01 Feb EA fiscal Q3
01 Feb Alphabet Q4 2021
01 Feb Tele2 Q4 2021
01 Feb AudioCodes Q4 2021
02 Feb Softbank fiscal Q3
02 Feb Meta Q4 2021
02 Feb Spotify Q4 2021
02 Feb Maxlinear Q4 2021
02 Feb Cognizant Q4 2021
02 Feb 8x8 Q3
02 Feb Aviat Networks fiscal Q2
02 Feb Sony fiscal Q2
02 Feb Netgear Q4 2021
02 Feb Qorvo fiscal Q3
02 Feb T-Mobile US Q4
02 Feb A10 Networks Investor Day
::: More Calendar Items