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Press release content from Business Wire. The AP news staff was not involved in its creation. KKR and Telefónica to Create Colombia’s First Nationwide Open Access Fiber Optic Network July 16, 2021 GMT BOGOTÁ, Colombia & NEW YORK (BUSINESS WIRE) Jul 16, 2021 KKR, a leading global investment firm, today announced an agreement with Telefónica Colombia, a subsidiary of the leading Spanish telecom group Telefónica, to establish Colombia’s first independent nationwide open access wholesale digital infrastructure company. On a mission to bring greater broadband access across Colombia, the new company will expand availability of ultra-fast fiber optic internet, benefitting more consumers and businesses across Colombia. As part of the agreement, KKR will acquire a majority stake in Telefónica’s existing fiber optic network, the largest in Colombia, and make the network open access through a newly established independent entity, which KKR will control as the majority sharehold

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