- CEO
- Carolina Vallejo Londoño
- Full Time Employees
- 73
- Sector
- Communications
- Industry
- Major telecommunications
- Address
- Santiago Chile
- IPO Date
- May 7, 1982
- Business
- Telefonica Chile S.A., operating commercially under the Movistar brand, is a telecommunications and digital services provider based in Chile and a subsidiary of the Spanish multinational telecommunications corporation Telefonica, S.A. Originally founded in 1880 as the Compania Chilena de Telefonos de Edison and formally incorporated as Compania de Telefonos de Chile (CTC) in 1930, the company is headquartered in Santiago, Chile, and trades on the Santiago Stock Exchange under the ticker symbol CTC. Telefonica Chile S.A. operates primarily in the domestic telecommunications and information technology sectors, serving residential consumers, small and medium-sized enterprises, large corporations, and public sector institutions across the country.
The company provides a comprehensive portfolio of telecommunications, entertainment, and digital solutions structured across consumer and business segments. Its core product and service offerings comprise: high-speed residential and commercial broadband internet delivered over fiber-to-the-home (FTTH) infrastructure; fixed-line voice telephony, including traditional voice and voice-over-IP (VoIP) services; digital television and multimedia entertainment, consisting of IPTV, direct-to-home satellite television, and the Movistar TV over-the-top (OTT) streaming platform; mobile telecommunications services, encompassing prepaid and postpaid voice, mobile broadband, SMS, roaming, and value-added mobile data subscriptions delivered across 3G, 4G LTE, and 5G networks; enterprise digital and information technology solutions, including multi-cloud hosting, public and private cloud architecture, infrastructure-as-a-service (IaaS), and software-as-a-service (SaaS) in partnership with global hyperscalers; advanced cybersecurity services, such as endpoint security, threat intelligence, security operations center (SOC) monitoring, and network perimeter protection; corporate connectivity and networking, comprising software-defined wide area networking (SD-WAN), dedicated internet access, optical transport, and multiprotocol label switching (MPLS) data networks; Internet of Things (IoT) and machine-to-machine (M2M) connectivity, fleet management, and smart telemetry solutions; and big data analytics, system integration, data center colocation, and customized managed IT services offered through its Movistar Empresas and Telefonica Tech business units.
In recent years, Telefonica Chile S.A. has executed significant strategic, operational, and structural transformations to optimize its asset portfolio and modernize its nationwide infrastructure. The company established a landmark strategic alliance with global investment firm KKR to create ON*NET Fibra, Chile’s first open-access wholesale fiber-optic company, wherein Telefonica transferred its fixed fiber infrastructure assets while retaining a minority equity stake and securing long-term wholesale network access. Concurrently, the company accelerated the complete decommissioning of its legacy copper network to achieve a 100% fiber-optic broadband footprint, substantially lowering operating expenditures and energy consumption. Within its mobile division, the company has undertaken nationwide deployment and densification of 5G commercial networks following regulatory spectrum allocations, expanding fifth-generation coverage across major urban centers and industrial corridors. In the B2B domain, Telefonica Chile has expanded its digital service capabilities through strategic alliances with leading technology partners, including Microsoft, Amazon Web Services, and Google Cloud, while integrating specialized cybersecurity and IoT solutions from Telefonica Tech to address increasing corporate demand for digital transformation and automated network management.