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KKR to buy Telefonica Chile's fiber optic network for about $1 billion


By Reuters Staff
1 Min Read
FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid
(Reuters) - Investment firm KKR said on Monday it would acquire a majority stake in telecoms operator Telefonica Chile’s fiber optic network in a deal valued at about $1 billion.
The deal will result in the creation of Chile’s first open access wholesale digital infrastructure network, which will be open to all existing and future telecom operators in the country.
It will be controlled by KKR and Telefónica will hold a 40% stake. The transaction is expected to close in the first half of 2021, KKR said. ....

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KKR to acquire majority stake in Telefonica Chile's unit for about $1 billion


KKR to acquire majority stake in Telefonica Chile s unit for about $1 billion
02/22/2021 | 05:24pm EDT
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Feb 22 (Reuters) - Investment firm KKR said on Monday it
would acquire a majority stake in telecoms operator Telefonica
Chile s fiber optic network in a deal valued at about $1
billion.
(Reporting by Eva Mathews in Bengaluru; Editing by Arun Koyyur)
© Reuters 2021 ....

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KKR to buy Telefonica Chile's fiber optic network for about US$1 billion

Investment firm KKR said on Monday, February 22nd, it would acquire a majority stake in telecoms operator Telefonica Chile’s fiber optic network in a deal valued at about US$1 billion. ....

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Telefonica Chile Agrees to Sell Majority Stake in Fiber Business

Telefonica Chile Agrees to Sell Majority Stake in Fiber Business
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