Claro Chile to merge with Liberty Latin America's VTR

Wednesday 29 September 2021 | 15:46 CET | News
America Movil and Liberty Latin America (LLA) said they have reached an agreement to merge their respective Chilean operations – Claro Chile and VTR – in a joint venture targeting growth in the 5G and fibre markets. Under the proposed transaction, VTR's 3 million fixed broadband and pay-TV subscribers will combine with Claro's 6.5 million-plus mobile customers to create a business with greater scale, product diversification and a capital structure that will enable significant investment in FTTH footprint expansion and 5G mobile delivery, said the partners, adding that the aim is to reach 6

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Categories: General
Companies: America Movil / Claro / Claro Chile / Liberty Latin America / VTR
Countries: Chile
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