Telefonica, Entel and KKR ink Peru fibre deal

Telefonica and Entel will bring together their fibre infrastructure in Peru and sell a majority stake in the resulting entity to KKR, which will then plough additional cash into network expansion.
Under the terms of the agreement, Entel and Telefonica’s Peruvian fibre networks, including those held under Telefonica’s PangeaCo investment vehicle, will be combined into an independent company controlled by KKR.
The investment group will hold a 54% controlling stake in the new entity, wh