ETB’s president, Alex Blanco of Barranquilla, assured that the company closed last year with an income of $1.5 trillion, a figure that is 9% higher than the $1.3 trillion recorded in 2021.
“In terms of operating profit, we also had significant growth and on an EBITDA level,” he said.
The company had earnings of $55 billion and an EBITDA margin of 32%.
He stressed that one of his government’s main focuses is fiber roll-out, particularly reaching retail customers and MSMEs.
He argued that in the past three years of management, it was clear how the fiber optic network has consolidated as the most robust in Bogotá with an increase in coverage from 500 thousand homes with access to this technology to a total of 1.7 million.
The goal they have set is to provide up to 2 million homes with access to the network by the end of 2023, equivalent to 80% of homes in the capital.
Blanco assured that ETB is also committed to expanding its commercial activities in the country with projects with the national government and local authorities to bring digital solutions to the population under the concept of smart cities.
“In Barranquilla, we offer the solution of a tool that is a chatbot called Alba, which has 587,000 registered citizens and more than 1.6 million monthly searches,” he explains.
The Barranquilla businessman said one of his challenges is to maintain the growth trend in revenue and operational efficiency. To this end, the company’s operation has been strengthened by business units, each responsible for a wider spectrum in the value chain to optimize interaction with customers and improve their experience.
“2023 is a challenging year given the international economic context, but our focus will remain on sustainably competing to lead the digital inclusion of all citizens,” he explained.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
