Entel (Chile)
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|
CEO) | |
Products | |
---|---|
Revenue | US$ 2.9 billion (2012) |
US$ 348.6 million (2012) | |
Number of employees | 4,505 |
Website | www.entel.cl |
Empresa Nacional de Telecomunicaciones S.A. (
As of December 2013 Entel PCS had 38.8% of the Chilean mobile market.
History
Entel was started in 1964 by the Chilean government at the time to improve
Entel's activities initially were data transmission and communications service, long distance telecommunications according to the wishes of
Entel's privatization began in 1986 and was finalized in 1992. The following year, through a series of transactions,
During the first half of 1999, the company increased its capital by $215 million. This contribution came from
Entel's stock is a big part of the Chilean stock market. Shares were held by pension funds, which at the end of 2004 comprised 25.6% of the shares of the company. Additionally, international funds and individuals acquired shares.
In 2005, Chilean group Almendral S.A. gained control of Entel Group through its Altel Inversiones subsidiary, holding 54.76 percent of the company.
In 2006 Entel sold its entire share in Americatel Central America SA and their direct and indirect subsidiaries, BVI Holding Isela Inc. under contract Stock Purchase Agreement ("SPA").
In April 2013 Entel started the acquisition process of Nextel del Perú operations valued on US$400 million. The process ended on the second semester of 2013, and was subsequently renamed Entel Perú.
On 22 October 2022, Entel announced that the company will sell its fiber optic assets to ON*NET Fibra for US$358 million. As part of the deal, Entel would continue to offer internet services for residences on ON*NET's fiber optic network.[3]
Structure
Entel is a corporation with several subsidiaries:
- Entel Call Center
- Entel Data Center
- Entel Internet
- Entel Phone
- Entel TV HD
References
- ^ "EMPRESA NACIONAL DE TELECOMUNICACIONES S.A. - Identificacion - SVS". www.svs.cl. Retrieved 2018-03-09.
- ^ "Presentation at Ke) 8th Annual Andean Conference" (PDF). Archived from the original (PDF) on 2014-05-12. Retrieved 2015-09-18.
- ^ "Chile's Entel to sell fiber optic assets for $358 million". Reuters. 22 October 2022.
External links
Media related to Entel Chile at Wikimedia Commons