Two Telecoms for Sale in Colombia

Empresa Telecomunicaciones BogotaColombia’s telecommunications could offer substantial returns for investors willing to take on emerging market risks. The outlook is promising for the Colombian economy, which is forecast to grow by an average of 4.5% annually during the 2010-2020 decade.

EmcaliTwo state-owned companies are up for sale. They are ETB, with about 26% of the country’s fixed lines in services, and the other is Emcali, with about 7%. During 2011, radical transformations are expected both in terms of market consolidation and in the provision of new services, with fixed-line operators ETB and Emcali seeking strategic partners and/or investors.

For further details on the very dynamic Colombian Telecom Market, see this report: Colombian Telecoms, Mobile and Broadband Markets Forecasts.