Company profiles
In Colombia, there are nine large telecommunications companies. These are Claro, Tigo, Movistar, UNE, Virgin Mobile, Avantel, ETB and Exito. The three companies that have a broad domain in the market are Claro, Tigo and Movistar: Claro covers 47.17 percent of the national market. It is a Mexican multinational company owned by tycoon Carlos Slim, which also offers the service of television by subscription, Internet to households and fixed telephony; Movistar, has 23.45 percent of the national market. It is a subsidiary of the Spanish company and also offers the service of television by subscription, Internet and fixed telephony with the Colombian company UNE. Tigo occupies the third position with 18.39 percent of the market.