KKR and Telefónica put their Chilean ‘fiberco’ up for sale for up to 1.5 billion
Telefónica and KKR have decided to put their joint subsidiary OnNet Fibra up for sale, a Chilean neutral wholesale fiber optic company (fiberco) that provides service to most Chilean telecommunications operators. The company is 60% owned by the American fund, while the remaining 40% of the share capital is controlled by TEF. According to the press, the company could have an ‘Enterprise value’ of between $1.5 – 2 billion (between…
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