US EditionSupercorporations Confirms Reorganisation Agreement of Wom
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5 Articles
With the approval of its business reorganization plan, WOM Colombia managed to ensure its permanence in the market.
The Superintendency of Companies (Supercorporations) confirmed the reorganization agreement of Partners Telecom Colombia S.A.S., which operates as WOM Colombia, which will allow the operator to continue its operations in the country. Supercorporations confirmed their approval decision on Thursday, July 17, according to Law 1116 of 2006 to which WOM requested to be linked in April 2024. The agreement was approved by 85.92% of the creditors entitl…
The telecommunications company WOM (Partners Telecom Colombia S.A.S.) managed to avoid bankruptcy after the Superintendency of Companies confirmed Thursday its business reorganization plan, a measure that will save thousands of jobs and keep one of the main competitors in the Colombian mobile market. The company faces a serious financial crisis with debts exceeding its assets in more than 1.5 billion pesos. At the end of 2024, WOM recorded liabi…
It is official: WOM is going to business reorganization process. On Thursday the Superintendency of Societies reported that it confirmed the reorganization agreement of the company Partners Telecom Colombia S.A.S. WOM Colombia registers a total asset of COP$4.37 billion and liabilities for COP$5.92 billion as of December 31, 2024. The company of telecommunications services and network provision has consolidated a strategic participation in the s…
WOM has approval from the Superintendency of Companies approved its reorganization plan. Image: Courtesy WOM The telecommunications company WOM Colombia, which currently provides services to more than 6.4 million users, managed to complete its business restructuring process. The company announced that the Superintendency of Companies approved its reorganization plan, which includes the payment of debts to its creditors and business management to…
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