KKR to Acquire Telefónica Chile’s Wholesale Fiber Optic Network to Create First Open Access Network in Chile
Retrieved on:
Monday, February 22, 2021
Professional services, Other Professional Services, Technology, Other Technology, Telecommunications, Consulting, Banking, Telecommunications, Glass production, Optical fiber, Telecommunications equipment, Broadband, Local loop, Network architecture, DukeNet Communications, Fiber to the premises by country, KKR, Telefónica
View the full release here: https://www.businesswire.com/news/home/20210222005928/en/
Key Points:
- View the full release here: https://www.businesswire.com/news/home/20210222005928/en/
Under the agreement, KKR will acquire a majority stake in Telefnica Chiles existing fiber optic network, the largest fiber optic network in Chile, and make that network open access through a newly established independent Chilean company with assets managed locally. - The newly formed enterprise will serve as Chiles first wholesale digital infrastructure network open to all current and future telecom operators in Chile, creating a competitive marketplace benefitting consumers and businesses across the country.
- Fiber optic service offers very high reliability and speeds 10-1000 times faster than cable and legacy telecommunication networks.
- We are excited to be working with Telefnica to create the first-ever open access wholesale fiber network in Chile.