Shareholders of Empresa de Telecomunicaciones de Bogota (ETB) have agreed to a plan that will see ETB take on US$600m of debt for expansion, according to media reports, citing a regulatory filing.
The debt will be used to finance the expansion of the…
Shareholders of Empresa de Telecomunicaciones de Bogota (ETB) have agreed to a plan that will see ETB take on US$600m of debt for expansion, according to media reports, citing a regulatory filing.
The debt will be used to finance the expansion of the company’s fibre-optic network, and to fund their move into the TV market, reports La Republica (Bogota).
ETB could not be reached for comment.
