Government of Bogota could sell its stake in ETB
Gobierno de Bogotá podría vender su participación en ETB
Intel ID : 234462
| Synopsis |
|
The government of Bogota may carry out the partial or total sale of its stake in ETB (BVC:ETB), a Colombia- based telecommunications services provider, reported Dataifx on 4 March, 2016, citing ETB president, Jorge Castellanos. Castellanos noted no decision has been made yet, but added ETB's negative results force the company to take measures. The executive also explained that, in 2016 and 2017, the company will focus on cutting costs. ETB registered a USD 11.52m loss in 2015.
(content in spanish)
El gobierno de Bogotá podría llevar a cabo la venta parcial o total de la participación de ETB (BVC:ETB), prestadora colombiana de servicios de telecomunicaciones, ha publicado Dataifx el 4 de marzo de 2016, citando al presidente de ETB, Jorge Castellanos. Castellanos ha señalado que aún no se ha tomado una decisión, pero que los resultados negativos de ETB obligan a tomar medidas. El ejecutivo ha añadido que, en 2016 y 2017, la empresa se enfocará en recortar gastos. ETB ha registrado una pérdida de USD 11,52m en 2015. |
| Intel ID | 234462 | ||
| Value | ND | ||
| Native Currency |
US Dollar (USD)
Exchange Rate:  |
||
|
Financial Data - ETB
(31 Dec 2013) |
Revenue: EUR 499,97m Exchange Rate:
|
||
| Date |
 |
||
| Country | |
||
| Region | |||
| Continent | |
||
| Geography | |
||
| Subsector (Old TTR Sectors) |
|
||
| Type |
|
||
| Intel Grade |
|
||
| Source |
|
||
| Tags | |
Target
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
60.02.01 Integrated Communication Services 60 Telecommunications / 60.02 Telecommunications & Networking Services |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Seller
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
50.01.02 Government Administration 50 Public Services & NGOs / 50.01 Government & Public Administration |
||
| Secondary Sectors (TTRSC) |
35.09.05 Toll Bridges, Roads & Highways 35 Industrials / 35.09 Transport Infrastructure |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Radar
| Date | Title | Type | Intel Grade | Country | Subsector | ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.