Telefónica Chile is enamored with fiber to the home (FTTH) so much so that it plans to plunk down $2.5 billion over the next four years to build a nationwide, 700,000-home network.
Initially, the new FTTH network will connect 50,000 homes in the Biobio region, including the cities of Talcahuano, Los Ángeles, Chillán and Concepción, the region's capital.
"With this investment, Chile will be at the technological vanguard and the equal of countries such as South Korea and Australia, which now have high-speed fibre-optic networks on a massive scale," said César Alierta, President of Telefónica Chile. "We have symbolically decided to start in Concepción as we visited the region in the days after the recent earthquake, and what we saw there affected us deeply."
In addition to enabling speeds between 40 to 100 Mbps, Telefónica Chile's FTTH network will support an IPTV service that it said it has nearly completed preparations for.
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