Teleamazonas is an Ecuadorian television channel founded on February 22, 1974, being the first to transmit color images.1 It is operated by Centro de Radio y Televisión, Cratel SA in the city of Quito and by Teleamazonas Guayaquil SA in the city of Guayaquil. It currently belongs to Grupo Teleamazonas.
Teleamazonas has made important series and feature films of national production.
Teleamazonas es un canal de televisión de el Ecuador; está operada por Centro de Radio y Televisión, Cratel S.A., en la ciudad de Quito y por Teleamazonas Guayaquil S.A., en la ciudad de Guayaquil.
Teleamazonas is a television channel in Ecuador. Since the start of their transmissions, on February 22 of 1974, the channel is one of the major television networks of Ecuador.
It broadcasts on channel 4 to Quito and channels 5 to Guayaquil. The international version of the channel is available on EchoStar's Dish Network DishLATINO programming package in the United States.
Teleamazonas began broadcasting on February 22, 1974, as the first network with color television transmissions in Ecuador. Its headquarters are located in Quito. Teleamazonas got the most powerful microwave radio relay, acquired the first mobile television unit, and built-in Guayaquil the biggest self-supported antenna.
Founded by Antonio Granda Centeno, the channel was under the control of his family until 2001, when Eduardo Granda Garcés paid a high debt to Banco del Pichincha. Fidel Egas Grijalva, the major shareholder of the bank, took charge of Teleamazonas.
During the presidency of Rafael Correa, the network, particularly its flagship opinion maker and pundit Jorge Ortiz, has found itself at odds with the government, which accuses it of manipulating public opinion to suit the interests of the companies and shareholders who provide the capital for Teleamazonas such as the Banco del Pichincha.
Several proceedings have taken place against Teleamazonas, culminating on December 23, 2009, when the network was ordered a 72-hour shutdown. This government moves immediately prompted a backlash from advocacy groups who claimed to be acting in the interests of freedom of expression.
In September 2010, Fidel Egas sold his shares on Teleamazonas to several groups: 30% to the Peruvian media group La República, 48% to a group of Teleamazonas employees and 22% to a group of Fidel Egas' personal friends. Teleamazonas sale was the result of the mandate of the Ecuadorian Constitution of 2008, which provides that no person may simultaneously hold shares in banks and media.