Empresa de Telecomunicaciones de Bogota SA ESP 2016 IR
The report highlights Empresa de Telecomunicaciones de Bogota's (ETB) strategic transition in 2016 to the VAS strategy (Sales, Austerity, Service) to stabilize its financial performance, resulting in a 6% increase in EBITDA to COP 425 billion. ETB achieved significant growth in its new product lines, with fiber optic customers increasing by 87% to 202,000 and mobile subscribers growing by 80% to 698,000. Despite these commercial successes, the company recorded a comprehensive net loss of COP 255 billion due to high depreciation, amortization, and provisions from past investments. On the sustainability front, ETB measured its carbon footprint at 19,079.85 t CO2e and continued its social impact through the ICT Mass Availability Program, certifying over 37,000 people.
Company: Empresa de Telecomunicaciones de Bogota SA ESP
Sector: Communication Services
Country: Colombia
Year: 2016
Type: IR
Pages: 265
Empresa de Telecomunicaciones de Bogota SA ESP
Integrated Report
The report highlights Empresa de Telecomunicaciones de Bogota's (ETB) strategic transition in 2016 to the VAS strategy (Sales, Austerity, Service) to stabilize its financial performance, resulting in a 6% increase in EBITDA to COP 425 billion. ETB achieved significant growth in its new product lines, with fiber optic customers increasing by 87% to 202,000 and mobile subscribers growing by 80% to 698,000. Despite these commercial successes, the company recorded a comprehensive net loss of COP 255 billion due to high depreciation, amortization, and provisions from past investments. On the sustainability front, ETB measured its carbon footprint at 19,079.85 t CO2e and continued its social impact through the ICT Mass Availability Program, certifying over 37,000 people.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Feb 24, 2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Employees