Industry Telecommunications Founded 26 September 1928 | Headquarters Las Condes, Chile | |
Type Subsidiary of Liberty Global Predecessor Vía Trans Radio Chilena Area served All regions of Chile, except Magallanes Key people David Leonard, Guillermo Ponce Products Internet
Cable television
Telephony CEO Guillermo Ponce (Jan 2012–) Parent organizations Liberty Global, UPC Chile Holding BV Profiles |
VTR Globalcom S.A. is a Chilean telecommunications company. It is the country's largest provider of cable television with 1,008,746 subscribers (a 35.9% market share as of December 2014, which includes satellite television competitors). It is also the second largest provider of fixed broadband Internet access (37.2% market share) and fixed telephone service (20.7%), behind Telefónica, as of December 2014. It also has a tiny (0.44%, as of December 2014) participation in the mobile phone business, which is dominated by three other companies.
It is wholly owned by Liberty Global; Grupo Saieh's CorpGroup previously owned 20% until March 2014 when Liberty Global acquired the remaining 20% it didn't own.
VTR also owns Bazuca.com, a video rental services company, and —together with Turner Broadcasting System— CNN Chile, a 24-hour news channel based in Santiago.