Entel to sell Americatel USA

27 Mar 2006

Entel has confirmed that it will sell a controlling stake in its US long-distance subsidiary Americatel USA to Platinum Equity, a US based private equity firm. Entel said in a filing to the Securities and Insurance Superintendency regulatory agency that it will be paid USD49.6 million in cash for an 80% stake in Americatel USA.

Chile, Entel Chile