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Colombian mobile payments venture targets 35% unbanked

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A new mobile payments network called YellowPepper has launched in Colombia, marking the beginning of a massive project to bank the unbanked and sweep away the dominance of cash across the Spanish-speaking Americas.

Fibre broadband coming to Colombia

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Equipment vendor Alcatel-Lucent has won a key role in the deployment of a national broadband network for Colombia, which will connect 753 municipalities across the South American country and provide millions of Colombians with TV, video, voice and high-speed data services.

Millicom offloads Colombian towers

The operator and tower firm believe a collocation model provides them with significant value through capex savings and time to market advantage

Developing markets operator Millicom International Cellular, said Monday that its Colombian subsidiary had agreed to sell 2,126 cell towers to America Tower for $182m in cash.

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