KKR has established a partnership with has established a partnership with Telefónica Colombia to establish a nationwide open access wholesale digital infrastructure platform in a transaction valued at $500 million
Industry
Communications
Transaction Date
01/01/2022
“We are thrilled to, once again, be working with Telefónica to provide greater broadband access to those who need it, and to be doing so in Colombia, a country we believe is primed for significant growth ahead and which serves as an attractive destination for investors. This new venture in Colombia, along with ON*NET Fibra de Chile, demonstrates the potential to invest in innovative financing and growth strategies to promote digital infrastructure in Latin America.”
Waldemar SzlezakPartner| Infrastructure

KKR & Co. Inc.

“The agreement with KKR will accelerate the deployment of fiber optic in Colombia at an unprecedented rate, in a market that has shown enormous potential in the last year. In addition, fiber will create opportunities for thousands of homes and businesses that see digitalization as an opportunity for development. This is one more step by our company to lead FTTH services in Latin America.”
Alfonso Gómez PalacioChief Executive Officer | HispAm

Telefónica