Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Thursday, May 16, 2024

ETB reported revenues of US$100 million in the first quarter

ETB revealed that ordinary income exceeded US$100,467,178 in the first quarter of 2024. Last year, in the same period, it had obtained US$92,371,370. The company stated that during the analyzed quarter, there was a growth of US$7,998,947 in revenue. This increase was "mainly due to the sale of copper and the income of US$6,273,684 associated with the favorable ruling in the executive process with Banco Colpatria."

Last news and analysis

Globales · Satellites

21/05/2026

SpaceX reveals financials: losses continue, but company bets on disruptive businesses

The company whose principal shareholder is Elon Musk reported revenue of US$18.7 billion in 2025, but its losses reached US$4.9 billion. Looking ahead, it is targeting the lunar economy and orbital computing.

Globales · Satellites

21/05/2026

SpaceX reveals financials: losses continue, but company bets on disruptive businesses

The company whose principal shareholder is Elon Musk reported revenue of US$18.7 billion in 2025, but its losses reached US$4.9 billion. Looking ahead, it is targeting the lunar economy and orbital computing.

Brasil · Fixed Broadband · Operators

20/05/2026

Search for new businesses to improve future outlook

Streaming, gaming, mobile services, and AI are among the tools broadband operators in Brazil are seeking to incorporate to improve results that have stagnated in recent times.

América Latina · Data Center

20/05/2026

Cirion launches Network-as-a-Service model in the region

Ecuador · Operators

19/05/2026

Interview with Ronald Spina

CNT Ecuador turns profitable, accelerates growth in 5G and fiber

Ronald Spina is General Manager of the National Telecommunications Corporation (Corporación Nacional de Telecomunicaciones, CNT). He said the state-owned Ecuadorian operator’s turnaround was achieved while improving its EBITDA margin and accelerating the rollout of FTTH and 5G.

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