Empresa de Telecomunicaciones de Bogotá S.A. E.S.P. announced in connection with its previously announced offer to purchase for cash up to COP 400,000,000,000 ("Maximum Tender Amount") in aggregate principal amount of its outstanding 7.00% Senior Notes due 2023, that ETB has modified its Offer described in the offer to purchase, dated November 1, 2019, to increase the Expiration Consideration payable to Holders who validly tender their Notes after the Early Tender Date (as defined below) and on or prior to the Expiration Date (as defined below) from COP 945 per COP 1,000 principal amount of Notes tendered to COP 975 per COP 1,000 principal amount of Notes tendered, as set forth under the sub-heading "Expiration Consideration" in the table below under the heading "Modified Term of the Offer". Capitalized terms not defined herein shall have the meaning ascribed to them in the Offer to Purchase.