Telefónica Chile targets half a million broadband subs by year-end

25 Sep 2006

Telefónica Chile (formerly Telefónica CTC Chile) expects to end 2006 with more than half a million broadband connections, according to BNamericas quoting local newspaper Diario Financiero. Telefónica had 419,040 broadband accounts at the end of June 2006, equal to around 46% of the market, which it said reached 899,964 at the same date. The company is investing around USD103 million of its 2006 USD200 million budget in broadband and TV services.

Chile, Telefonica Moviles Chile (Movistar)