Movistar Empresas Colombia, also known as Colombia Telecomunicaciones SA. and COLTEL, is a privately owned company headquartered in Colombia. Founded in 2011, it operates as a subsidiary of Telefonica, with approximately 5,010 employees and reported $1.6 billion in revenue as of 2023. Functioning as a tier 1 media tech buyer, the company is a telecommunications provider 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 Empresas Colombia offers 6 products in the media and telecoms services industry. Movistar Empresas Colombia's product portfolio comprises of media and TV services and telecoms.
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Movistar Empresas Colombia's revenues were over $1B in 2023. Caretta Research has split Movistar Empresas Colombia's revenue into 6 different product categories, the largest of which is mobile services. For full access to Movistar Empresas Colombia's revenue breakdown subscribe to Caretta Portal.
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