Dec. 7 (Bloomberg) -- Empresa de Telecomunicaciones de Bogota SA, the phone company serving Colombia’s capital, said recent movements in its share price were not caused by the company’s “financial and commercial practices,” according to a regulatory filing today.

--Editor: Marie-France Han

To contact the reporter on this story: Blake Schmidt in Bogota at Bschmidt16@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net