Chile's Entel exits Peru, sells ops for $1.714M to focus on core markets

Chilean telecom group Entel agreed to sell its Peruvian operations, including Entel Perú and Americatel Perú, for $1.714 million, exiting a market that accounts for 36% of group revenue and over 10 million customers. The divestiture signals a strategic retreat from a peripheral market, likely to refocus on domestic and higher-growth opportunities. The low sale price relative to revenue share suggests distressed valuation or strategic urgency, with implications for regional telecom consolidation.

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