Movistar Colombia, also known as Coltel and Colombia Telecomunicaciones SA., is a privately owned company headquartered in Colombia. A subsidiary of Tigo (Millicom), it was founded in 2011 and operates with approximately 5,010 employees. The company reported $1.7B in revenue as of 2025 and functions as a tier 1 media tech buyer. It specializes in offering mobile, fixed-line, broadband internet, and Pay TV services in Colombia under the Movistar brand.
Movistar Colombia expects to grow its 5G network by nearly 20% in the first quarter of 2026, having exceeded its deployment deadline for this technology by the end of 2025, according to a January 26 report. Previously, on January 25, the company projected closing the first quarter of 2026 with 1185 5G sites.
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Movistar Colombia (Coltel) offers 6 products in the media and telecoms services industry. Movistar Colombia (Coltel)'s product portfolio comprises of media and TV services and telecoms.
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Movistar Colombia (Coltel)'s revenues were over $1B in 2025. Caretta Research has split Movistar Colombia (Coltel)'s revenue into 6 different product categories, the largest of which is mobile services. For full access to Movistar Colombia (Coltel)'s revenue breakdown subscribe to Caretta Portal.
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