Bogotá will have the largest fiber-optic network coverage in Latin America
- Thanks to an agreement between ETB* and UFINET**, Bogotá will be the first city in Colombia to offer a neutral fiber-optic network in the wholesale telecommunications market.
- The operation is subject to the pre-evaluation of the Superintendency of Industry and Commerce.
Bogotá, 08 February 2021 – Given the high demand for telecommunication connections based on fiber optic -a technology that allows navigation of more than 300 megabytes per second- ETB* and UFINET** signed an agreement to create a company that will commercialize a neutral Fiber To The Home (FTTH) network in the wholesale telecommunications market in Bogotá, as well as its nearby towns.
The network will begin with an offer of more than 1,200,000 homes. The initial plan consists of doubling that figure, thus offering coverage in Bogotá-Region of about 2,500,000 homes in a maximum period of 3 years.
The strategy will allow more families in Bogotá-Region to have ultra-broadband access, including layers 1 and 2, especially important in today’s new reality, when the lack of connectivity or low speeds mean fewer opportunities to study, work from home, or entertainment.
The operation is subject to the pre-evaluation of the Superintendency of Industry and Commerce.
* ETB is the main telecommunications operator in Bogotá, whose majority shareholder is the Distrito Capital (Capital District). It provides a wide variety of telecommunications services and its shares are listed on the Colombian Stock Exchange.
For more information visit: www.etb.com
** UFINET is the neutral telecommunications network infrastructure operator of reference in Latin America, with more than 75,000km of optical fiber deployed in Mexico, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, Colombia, Ecuador, Peru, Brazil, Paraguay, Argentina, and Chile.
For more information visit: www.ufinet.com
