COLOMBIA

摘要

The city government of Colombia's capital Bogota intends to begin the sale of its controlling stake in state owned telecoms operator Empresa de Telecomunicaciones de Bogota (ETB) in mid-May, with a view to raising at least COP2.38 trillion (US$813 million). According to Reuters, which cites a filing to the financial regulator, the sale value is equivalent to COP671 per share, for 86.35% of the company. ETB will reportedly give first refusal to employees, ex-employees, unions and pension funds.