Telsur owner seeks strategic investor

21 Aug 2009

The 74.4% owner of Telefonica del Sur (Telsur), industrial conglomerate Empresas Quinenco, has contracted JP Morgan to look into finding a strategic investor for the company, reports BNamericas. According to TeleGeography’s GlobalComms database, Telsur operates in regions VIII to XI in the south of Chile and also provides limited services in the capital Santiago, offering local, long-distance, international and public telephony services, as well as ADSL access, dial-up internet and data solutions. Its subsidiary Telefonica del Coyhaique (Telcoy) provides services in the remote Aisen region. In addition to voice telephony it offers broadband and switched internet business services, was the first in the region to launch a public broadband wireless internet network using Bluetooth and Wi-Fi technologies, and recently launched a TV over DSL service called WiTV, in the cities of Concepcion and Puerto Montt.

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Chile, Telefonica del Sur (Telsur)