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."

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Millicom acquisitions drive 45% revenue growth

Revenue rounded out at US$2 billion in the first quarter of 2026. Mobile customers reached 57.3 million, a 37.8% increase compared with a year earlier.

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