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

Chile · Mobile · Operators

11/07/2025

Mundo customers gain access to WOM's mobile network

México · Mobile · Operators

11/07/2025

AT&T enables 5G for mobile prepaid users

Globales · Data Center

10/07/2025

IMF warns AI demands greater, more reliable energy resources

In a recent report, the IMF warns that this aggregate demand could impact electricity prices if policies are not adapted to the new reality for the sector. By 2030, AI data centers will consume as much electricity as India.

América Latina · Internet & OTT · Operators

08/07/2025

AIA report claims network fees are unjustified and threaten regional Internet ecosystem

The report, prepared by SmC+ Consulting, states that mobile operators' revenues are growing at an acceptable pace for a mature industry, and that network investments have never been traffic-sensitive, among other arguments. Mercedes Aramendía, Executive Director of the Alliance for an Open Internet (AIA), spoke with Convergencialatina about the study's findings.

Globales · Voice Services · Operators · Equipment Providers and Network Solutions

04/07/2025

Ericsson: Phasing out 2G and 3G networks is a business play for CSPs

The provider mentioned the case of a European operator who, by switching from old networks to more modern ones, will achieve savings of €53 million over five years. The challenge is to achieve an effective transition with a comprehensive hardware and software approach focused on voice and M2M services.

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