TeleGeography Logo

Profits up 329%, subscribers up 58% at TEM’s Colombian arm

9 Mar 2005

Bellsouth Colombia, the mobile unit now wholly owned by Telefónica Móviles (TEM), saw its net income grow to COP178 billion (USD76.9 million) in 2004, up 329% from COP41.5 billion, helped by an appreciation of the peso compared to the US dollar. At the end of the year subscriber numbers stood at 3.3 million, up 58% in the year. BellSouth Colombia will undergo full rebranding under the TEM banner at a later date.

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.