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.