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Vivo taps CDPQ for fibre spin out, as KKR invests in Chile

2021-03-03T16:22:00

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Source: Vanessa Bumbeers / Unsplash

Telefónica|Vivo signs a 50:50 deal with Quebec-based investor to launch FiBrasil. Wholesale fibre provider will expand Vivo’s geographic reach, while the OB focuses on upgrading its existing fixed-network footprint. Long-heralded $1bn Chilean InfraCo plans culminate with KKR taking 60% stake.

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