Entel outlines USD665m spending plan for 2022

20 Apr 2022

Chilean full-service provider Entel is planning to invest more than USD665 million in its domestic and Peruvian operations in 2022, with the bulk of its spending to be focused on the enhancement of its mobile networks, the company has announced. The group has outlined plans to invest USD320 million in its mobile operations in Chile, to improve coverage and quality of its 4G network ‘and to take concrete steps in our goal of also leading in 5G’, General Manager Antonio Buchi was quoted as saying. The operator is planning to spend around USD350 million over the next three years on its 5G network rollout in Chile, and the company has so far invested USD60 million in the project and installed more than half of the sites it had committed to deploy within the first year. Entel has allocated investment of USD106 million for its domestic ‘Home’ division, which will primarily be used for the expansion of its fibre network. ‘This is very important because, together with the leasing of networks to third parties, it will allow us to exceed three million homes passed with fibre by the end of 2023,’ the official explained. Regarding its plans for investment in Peru, meanwhile, Entel has set out plans to invest around USD150 million in the unit, including USD77 million in its mobile business, targeting an increase in capacity and coverage of its 4G system.

Chile, Peru, Entel Chile, Entel Peru