Descripción: “...Se busca con ello determinar su repercusión e impacto en las mismas.Abstract: Within the corporate management, financing decisions have special preponderance always focu sed on achieving the best value at less cost.For the ETB, finding that capital structure is of vital importance in times %%then the constant and rapid technological advances and market entry of new and larger competitors make telecommunications a constant battlefield where become increasingly necessary the versatility and optimization of money by the company to ensure its permanence and leadership. ...”