In this article, we are going to analyze VTR (telecom company) and all its relevant aspects in depth. VTR (telecom company) is a topic of great importance today, since it has a significant impact on society, the economy, culture, and many other areas. Over the years, VTR (telecom company) has generated constant debate and has sparked growing interest in different sectors. In this regard, it is crucial to fully understand the nature and scope of VTR (telecom company), as well as its short- and long-term implications. Therefore, this article aims to offer a comprehensive and detailed view on VTR (telecom company), with the aim of enriching knowledge and promoting a constructive debate around this topic of global relevance.
Company type | Subsidiary of Liberty Latin America |
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Industry | Telecommunications |
Predecessor | Vía Trans Radio Chilena |
Founded | March 15, 1928 |
Headquarters | Av. Apoquindo Nº4800, Las Condes, , |
Area served | All regions of Chile |
Key people | David Leonard, Guillermo Ponce |
Products | Internet Cable television Telephony mobile telephony |
Parent | Liberty Latin America |
Website | vtr.com |
VTR (Vía Trans Radio Comunicaciones SpA) is a Chilean telecommunications company. It is the country's largest provider of subscription television, with 1,065,675 subscribers (32.8% market share, as of September 2017), and of fixed broadband Internet access (38.0% share, as of September 2017). It is also the second largest provider of fixed telephone service (20.0%, as of September 2017), behind Telefónica. It also has a small but growing participation (0.90%, as of September 2017) in the mobile phone business.
It is wholly owned by Liberty Latin America following the split of Liberty Latin America from Liberty Global effective December 29, 2017; Grupo Saieh's CorpGroup previously owned 20% until March 2014 when Liberty Global acquired the remaining 20% it did not own.
VTR also owned Bazuca.com, a now-defunct video rental services company, and —together with Turner Broadcasting System— CNN Chile, a 24-hour news channel based in Santiago, until 2016, when it was bought entirely by WarnerMedia Latin America.
After a massive post-pandemic customer flight, at the end of September 2021, VTR announced the establishment of a joint-venture with Claro Chile in a joint statement from Liberty Latin América and América Móvil, parent companies of both companies; The new joint company was called ClaroVTR. In October 2022, the Fiscalía Nacional Económica (National Economic Prosecutor's Office) authorized the merger, but demanding the sale of the satellite television business operated by Claro, given the historical prohibition of the same FNE that has prevented VTR since 2004 offer such services.
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