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Since being liberalized in 1991, the Colombian telecommunications sector has added new services, expanded coverage, improved efficiency, and lowered costs. The sector has had the second largest (after energy) investment in infrastructure (54 percent) since 1997. However, the economic downturn between 1999 and 2002 adversely affected telecommunications. During this period, Colombia's telecommunications industry lost US$2 billion despite a profit of US$1 billion in local service. In June 2003, the government liquidated the state-owned and heavily indebted National Telecommunications Company (Empresa Nacional de Telecomunicaciones—Telecom) and replaced it with Colombia Telecomunicaciones (Colombia Telecom). The measure enabled the industry to expand rapidly, and in 2004 it constituted 2.8 percent of gross domestic product (GDP). Telefónica of Spain acquired 50 percent plus one share of the company in 2006.[1]
As a result of increasing competition, Colombia has a relatively modern telecommunications infrastructure that primarily serves larger towns and cities. Colombia's telecommunication system includes access to 8 different international Submarine cable systems, INTELSAT, 11 domestic satellite Earth stations, and a nationwide microwave radio relay system.[1]
^ abColombia country profile. Library of Congress Federal Research Division (February 2007). This article incorporates text from this source, which is in the public domain.
and 21 Related for: Communications in Colombia information
Retrieved 31 August 2023. Internetworldstats.com (in Spanish) Colombian Ministry of Communications (in Spanish) Comunicate.com.co, Coldecon, Internet Provider...
"cambiala.gov.co" (in Spanish). "Calling Colombia". [1] Article 48 of Decree 25 of January 11, 2002, Ministry of Communications of Colombia, retrieved on April...
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