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General

ETB's revenues up another 1.3% on rising fibre sales

Thursday 21 November 2019 | 11:08 CET | News
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB), owned by Bogota city council, reported a 1.3 percent year on year rise in revenues to COP 1.11 trillion (around USD 320 million) in the first 9 months of 2019, thanks above all to its ongoing austerity plan and rising fibre customers. The company's net profit surged to COP 119.7 billion (around USD 35 million) compared to COP 43.6 billion a year earlier due in part to greater efficiencies. The company's EBITDA rose to COP 407.2 billion, up 3.2 percent year on year, with a 37 percent margin.

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Categories: General
Companies: ETB
Countries: Colombia
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