EPM Bogotá could get more aggressive if taken over by UNE, Fitch says

Business News Americas Ltda.
Latin America's Business Information Leader

Telecommunications News - Wednesday, April 28, 2010

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* EPM Bogotá could get more aggressive if taken over by UNE, Fitch says - Colombia

Colombian telco EPM Bogotá could launch a more aggressive operation in the Bogotá market if it is absorbed by parent company UNE EPM Telecomunicaciones, Fitch Colombia analyst Glaucia Calp told BNamericas.

The analyst said that EPM Bogotá has a very limited operation in the fixed telephony market in Bogotá. "EPM Bogotá has a significant level of debt and hasn't been able to make the necessary investments to expand its presence in the market. Once it is absorbed by UNE, this obstacle will be sol ... more
http://www.bnamericas.com/news/telecommunications/EPM_Bogota_could_get_more_agressive_if_taken_over_by_UNE,_Fitch_says/184878922

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