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

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.

Argentina · Software and Applications · E-Government

18/05/2026

CABA frames AI within public policy for management and economic development

The government of the Argentine capital showcased applications integrated into administrative and legal processes. It is also preparing the creation of an “AI district” in the downtown area, which will offer economic and tax incentives for companies establishing operations there to develop initiatives focused on artificial intelligence.

Globales · Operators

14/05/2026

Telefónica’s two sides: growth in core markets, Latin America sales weigh on profit

In the first quarter of 2026, it generated revenues of €8.127 billion, representing a 0.8% year-on-year increase at constant exchange rates. The sale of its operations in Chile, Colombia, and Mexico resulted in a €798 million loss. It closed March with 297.9 million mobile accesses and 74.9 million fixed broadband subscriptions.

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