Bogota seeks to privatize public telecommunication company ETB

The government plans to privatize the public telecommunication company, ETB, just weeks after the privatization of an energy company caused major protests. “The move infuriated Colombians, and was particularly suspicious as five of the original six bidders retreated, enabling Brookfields to acquire the share for the minimal bidding price.” The ETB administration board is citing recurrent losses.

Published on

May 1, 2016

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