Ecuador's internet backbone runs, to a remarkable degree, through a single family-owned company founded thirty years ago on the Pacific coast — and that company is now laying submarine cable from Guayaquil to Florida. Full nameTelconet S.A. Ticker / exchangeTELCONET.EC — Bolsa de Valores de Guayaquil (bonds listed; equity not publicly traded) HeadquartersGuayaquil, Ecuador SectorTelecommunications & data infrastructure Employees6,485 (2024) Market value (equity)Not disclosed in available sources (private equity; bonds listed) Yearly sales (revenue, FY 2024)$309.95 million Net profit (FY 2024)$30.01 million Net margin (FY 2024)9.7% (our calculation: $30.01m ÷ …
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