KKR

Companies, Relevant News Item 9th October 2026

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…

Companies, Ibex, Spanish economy 18th August 2022

Telefónica plans to sell its network in Peru to KKR

The Spanish telecos operator is progressing with its strategy of divestments in Latin America, with its Peruvian network currently in focus. According to today’s Expansion, citing market sources, Telefónica is on track to sell a majority stake in PangeaCo to US risk capital firm KKR. No financial details of the operation were provided. PangeaCo is the company which manages Telefónica’s fibre optic business in Peru. In the opinion of Bankinter:…

Ibex, Markets 1st June 2020

KKR, Cinven And Providence Launch A Cash Takeover Bid For Masmovil At €22.5/Share

What was a rumour all weekend, has become official: Spain’s fourth major telecoms operator, MasMovil, has confirmed with Spanish market regulator CNMV the offer from the funds KKR, Cinven and Providence, via Lorca Telecom BidCo. The full cash bid for MasMovil from the consortium formed by the three investment funds would be at 22.5 euros/share. The price represents a premium of 20.2% over Friday’s closing price of 18.72 euros/share (capitalization of 2.466 billion euros).