UPDATE Chilean network provider, WOM, announced it has finalized its sale agreement, initiated in July, with Phoenix Tower International. The tower company will complete the sale of 3,800 towers through its local subsidiary, Phoenix Tower International Chile, according to bnamericas.
“Today we have the largest deployment commitment in the industry and in that sense, this operation reaffirms our purpose of always delivering the best service to our customers. This operation will allow us to focus on continuing to expand the coverage of our 5G network and further expand connectivity to isolated areas,” said Sebastián Precht, CEO of WOM.
Currently, WOM provides coverage to over 14 million Chileans and is in the midst of developing a 5G network presence throughout the country. Precht said the partnership between WOM and PTI will mean greater use of existing infrastructure to reduce environmental impact and increase investment efficiency, bnamericas reported.
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