Teras executes its first divestment by selling its stake in Mundo Pacífico
Mundo Pacífico (Chile) was the first investment promoted by Teras Capital, together with Linzor and the support of several Spanish family offices. The acquisition of this company took place in September 2019 and in almost 24 months, in a process led by Teras, it has been acquired by the Digital Bridge, the US leading fund in digital infrastructures.
Teras will continue to advise Digital Bridge in its strategy of development and consolidation of Mundo Pacifico as a key company in its positioning in the fibre business in the region. Mundo Pacífico has an installed base of 3 million homes in Chile and serves more than 650,000 customers where it carried out a growth plan that allowed it to triple its network and users in just 24 months. It has managed to consolidate its position as the leading fibre optic operator in the Chilean telecommunications sector.
Mundo Pacífico has an installed base of 3 million homes in Chile and serves more than 650,000 customers, where it carried out a growth plan that allowed it to triple its network and users in just 24 months. It has managed to consolidate its position as the leading fibre optic operator in the Chilean telecommunications sector.
You can find more about this article:
More news
Olin Group signs the acquisition of the Murcian operator Fibranet
With the purchase of the Murcian firm, it adds 150,000 covered households and aims to reach 1.8 million homes.
Madrid City Council gives the green light to the City of Sport
The first Wave Garden for surfing promoted by Teras, will be established there.
Madrid will host the largest urban beach in Europe with the support of Teras Capital
The project will revolutionize the leisure landscape in Madrid, transforming four hectares of land into the next Sports City with a towering artificial beach.
ICG and Teras launch Templus, First Regional Data Center Platform in Southern Europe
Templus has been created by ICG’s infrastructure team (“ICG Infra”) and Teras, an investment platform.
It uses a new business model based on infrastructures close to end customers, security and with the highest standards of sustainability and energy efficiency.