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

Thursday 26 November 2020 | 11:03 CET | News
Interactive webinar: Vodafone Ziggo deep dive. What is the strategy for the coming years? Where does it stand in relation to its competitors? Join us on January 21st 14:00 CET for a professional profile of VodafoneZiggo in 45 minutes. Register here ...
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.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

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


Add 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.


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

19 Jan Netflix Q4 2020
19 Jan Telefonica Germany Strategy Update
21 Jan Intel Q4 2020
21 Jan Modern Times Group EGM
::: More Calendar Items