Colombia's Regulatory Changes Become Catalyst for Market Recovery

CAMBRIDGE, Massachusetts, February 24, 2010 - The telecom regulatory framework in Colombia has become a major catalyst
for the promotion of competition, and is predicted to drive market recovery
starting in 2010, according to the latest report from Pyramid Research
(www.pyr.com), the telecom research arm of the Light Reading
Communications Network (www.lightreading.com).

Colombia: Operators Hope Regulatory Changes Help Spur a Market Recovery
offers a precise, incisive profile of the country's converged
telecommunications, media, and technology sectors based on proprietary data
from our research in the Colombian market. It provides detailed competitive
analysis of both the fixed and mobile sectors, tracks the market shares of
technologies and services, and monitors the introduction and spread of new
technologies, such as WiMax, IPTV, and VoIP. Published annually, this
executive study provides a comprehensive view of the Colombian communications
market by analyzing key trends, evaluating near-term opportunities, and
assessing upcoming risks factors. Download an excerpt of this report here.
(www.pyramidresearch.com/downloads.htm?id=18&sc=GL022410_CIRCOL)

After a challenging 2009, Colombia is now the fifth largest
communications market in Latin America based on revenue size. Given the
convergence of relevant regional players and aggressive local groups in this
country, Colombia stands as one of the most competitive communications
markets in Latin America, notes Cesar Jimenez, Senior Analyst at Pyramid
Research and author of the report. "Now, Colombia's telecom regulatory
framework is experiencing a major transformation toward the promotion of
effective competition; of the more than 20 current regulatory projects, 10
deal directly with competition," he adds.

"In 2010, we expect the regulatory environment to be dominated by
significant events, such as the implementation of number portability
(expected in March 2010), spectrum auctions in the 2.5GHz band, the defining
of relevant markets and the implementation of specific antitrust regulation,"
says Jimenez. "Overall, Pyramid Research expects the most attractive
opportunities to be related to mobile services (voice and data), as well as
broadband," Jimenez explains. "Upcoming spectrum auctions will offer
opportunities for deploying broadband wireless networks in Colombia, and
vendors should prepare to benefit from the entry of number portability, as it
will require network upgrades, new solutions, and new software."

Colombia: Operators Hope Regulatory Changes Help Spur a Market is part of
Pyramid Research's Latin America Country Intelligence Report Series. Pyramid
Research's premium Country Intelligence Reports are the industry's best
available analysis on market trends, regulatory environments, and competitive
dynamics for 60 countries worldwide. It can be purchased online here
(www.pyramidresearch.com/store/CIRCOLOMBIA.htm?sc=GL022410_CIROL) or
through Jennifer Baker at jbaker@pyr.com.

For more information about Pyramid Research's products and services,
please visit www.pyr.com or contact us at info@pyr.com.

About Pyramid Research

Pyramid Research (www.pyr.com) offers practical solutions to the
complex demands our clients face in the telecommunications, media and
technology industries. Our analysis is uniquely positioned at the
intersection of emerging markets, emerging technologies and emerging business
models, powered by the bottom-up methodology of our market forecasts for over
100 countries - a distinction that has remained unmatched for more than 25
years. As the telecom research arm of the Light Reading Communications
Network, Pyramid Research works with Heavy Reading, providing the
communications industry's most comprehensive market data, trusted research
and insightful technology analysis.

About Light Reading

Founded in 2000, Light Reading (www.lightreading.com) is the
leading online media, research, and focused event company serving the US$3
trillion worldwide communications market. Lightreading.com is the ultimate
source for technological and financial analysis of the communications
industry, leading the media sector in terms of traffic, content, and
reputation. Light Reading's research arms, Heavy Reading and Pyramid
Research, provide the most comprehensive communications research, market
data, and technology analysis in close to 100 markets around the world. Light
Reading produces nearly 20 targeted communications events including TelcoTV,
and TelcoTV Asia, Ethernet Expo New York and Ethernet Europe, and The Tower
Summit @ CTIA, as well as focused one-day events tailored for cable, mobile,
and wireline executives in the US, Europe, India, and China. Light Reading
was acquired by United Business Media in August 2005 and operates as a unit
of TechWeb.

About UBM TechWeb

UBM TechWeb (www.techweb.com), the global leader in technology
media and professional information, enables people and organizations to
harness the transformative power of technology. Through its core businesses -
media solutions, marketing services and professional information - UBM
TechWeb produces the most respected and consumed brands, applications and
services in the technology market. More than 14.5 million business and
technology professionals (CIOs, IT and IT Support managers, Web & Digital
professionals, Software and Game developers, Government decision makers, and
Telecom providers) actively participate in UBM TechWeb's communities. UBM
TechWeb brands includes: global face-to-face events such as Interop, Game
Developers Conference (GDC), Web 2.0, Black Hat and VoiceCon; large-scale
online networks such as InformationWeek, Light Reading and Gamasutra;
research, training and certification services, including HDI, Pyramid
Research and InformationWeek Analytics; and market-leading magazines such as
InformationWeek and Wall Street & Technology. UBM TechWeb is part of UBM, a
global provider of media and information services for professional B2B
communities and markets.

Press contact:

    Jennifer Baker
    +1-617-871-1910
    jbaker@pyr.com

Jennifer Baker, +1-617-871-1910, jbaker at pyr.com