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Telephone it consolidates his Chilean investment
The intervention in favor de the operation de the bottom de pensions property de BBVA, shareholder de reference de Telephone, has eliminated the obstacles erected by some Chilean bottoms so that Telephone Moving bodies took control de the one hundred Telephone percent de Chile Moving bodies, the cellular branch de CTC, by 1,007 million dollars, assuming the 243 million dollars de debt that accumulates the company.
de this form, the Spanish takes her strategy ahead to consolidate her position in Chile, country in which, like in the rest de the main South American markets, it is the main company de the sector.
However, still the approval to the operation de the Chilean regulating organism is pending, since Telephone Moving bodies happen to have 50% de the national market. Once surpassed east proceeding, the following step that it will have to give the operator is the fusion de Bell South Chile with new Telephone the Chile Moving bodies.
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