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
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.
Stoneweg and Teras Capital invest £50 million to develop UK’s largest surf park in Birmingham as part of recently launched pan-european urban surf destination strategy
The second wave park investment under Stoneweg Infrasport strategy will transform the UK’s second largest city into one of Europe’s leading urban surf destinations
Teras and Asterion acquire Olivenet
Olivenet is one of the leading companies in the regional telecom segment, with a fibre network that reaches one million homes passed.
Teras closes deal with Asterion for its second rural fibre investment vehicle in Spain: Olin Group
The Spanish telecommunications infrastructure manager, with operations in several European countries, has closed a deal with Teras for the acquisition of local operators in Spain.