8/103 sources · 3 publishersUpdated Oct 9, 10:12 UTC
Telefónica and KKR seek up to €1.8 billion for Chilean fibre joint venture OnNet Fibra
Telefónica and KKR are putting their Chilean fibre optic venture OnNet Fibra up for sale. KKR holds a 60% stake while Telefónica owns 40%. The joint venture serves most Chilean telecom operators and reaches about 5.2 million homes. The owners hope to raise up to €1.8 billion from the transaction.
Why it matters
The sale could free cash for both owners and reshape their exposure to Chile’s fixed‑line market, according to the companies’ statements. Analysts note the price could set a valuation benchmark for Latin‑American digital‑infrastructure assets.
Key facts
- 1KKR owns 60% of OnNet Fibra and Telefónica owns 40%. finimize.com
- 2The owners are seeking up to €1.8 billion for the sale. telecompaper.com
- 3OnNet Fibra serves most Chilean telecom providers and covers 5.2 million homes. telecompaper.com
Open questions
- Material 3 cites a maximum sale value of $2 billion (or €1.5 billion), which differs from the €1.8 billion figure in Materials 1 and 2.
Summary written by AlphAI from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.