0
General

Chilean VTR to launch operations in Brazil in H1 - report

Saturday 15 February 2014 | 14:28 CET | News
Chilean cable operator VTR, a subsidiary of Liberty Global (UPC), plans to launch operations in Brazil in the first half of this year. The launch will be financed from the USD 1.4 billion bond issue recently completed by VTR, Economia y Negocios reports, citing unnamed sources close to the plans. Back in January, Liberty Global has set up a new Latin America unit incorporating its Chilean and Puerto Rican operations. The USD 1.4 billion bond issue is being used to create a financial structure for the new division as well as fund potential acquisitions in the region.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: GVT / Liberty Global / UPC / VTR
Countries: Brazil / Chile
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

VTR sees revenues drop 4.6% in Q4

Published 14 Feb 2014 17:06 CET | Chile
Chilean cable operator VTR saw its fourth-quarter revenues decrease by 4.6 percent to EUR 243.7 million, from EUR 248.3 million ...

Liberty Global focuses on Europe, what's the next move?

Published 28 Jan 2014 15:53 CET | Europe
Liberty Global International (LGI) wants to spin off its Chilean subsidiary VTR and announced it has made a friendly offer to ...

VTR converts to full MVNO

Published 16 Jan 2014 14:03 CET | Chile
VTR Movil has stopped commercially using its mobile telephony network and has converted into a MVNO, reports Diario Financiero. ...