KKR has established a partner with Telefónica Colombia to establish a nationwide open access wholesale digital infrastructure platform in a transaction valued at $500 milion
Service
M&A Advisory
Transaction Date
July 2021
“We are excited to be working with Telefónica to create the first-ever open access wholesale fiber network in Chile. This will create competition where none exists today, helping Chilean families, companies, and the economy recover and grow in the digital economy."
Waldemar Szlezak
Managing Director | Infrastructure
KKR
“This transaction demonstrates the value of our infrastructure and our willingness to contribute to the sustainable development of the fiber market in Chile. We have seen increased commercial activity over the last 12 months, and this transaction will further support this momentum as we will be able to accelerate the fiber-optic deployment."