Founding of Entel Chile
Empresa Nacional de Telecomunicaciones S.A. (Entel) is founded as a state-owned enterprise to develop and operate Chile's long-distance and international telecommunications infrastructure.
Entel Chile, founded in 1964 as Empresa Nacional de Telecomunicaciones S.A., is a leading telecommunications provider in Chile, pivotal in the country's digital transformation. This timeline traces its corporate journey from state-owned enterprise to privatized giant, covering key technological milestones, executive leadership, market expansions, mergers, acquisitions, and its listing on the Bolsa de Comercio de Santiago.
Empresa Nacional de Telecomunicaciones S.A. (Entel) is founded as a state-owned enterprise to develop and operate Chile's long-distance and international telecommunications infrastructure.
Entel completes construction of Chile's first microwave telecommunications network, connecting Santiago with major cities, significantly improving national communications.
Entel inaugurates a satellite earth station in Longovilo, enabling international satellite communications, reducing reliance on submarine cables.
The Chilean government sells 30% of Entel's shares to private investors, beginning the privatization process as part of economic reforms.
Remaining state shares in Entel are sold, making the company fully private. Telecomunicaciones Chile (later acquired by Telefónica) and other investors become major shareholders.
Entel launches its first mobile telephone service in Chile, initially using analog technology (AMPS), entering the cellular market.
Entel introduces digital GSM mobile technology, improving voice quality and enabling basic data services, becoming a leader in mobile innovation.
Entel's shares begin trading on the Bolsa de Comercio de Santiago (BCS) under ticker ENTEL, providing public access to ownership.
Entel launches dial-up internet services, expanding beyond telephony and becoming a major ISP in Chile.
Entel acquires CTC Intersat, a satellite communications company, strengthening its satellite services portfolio.
Entel merges its mobile operations with BellSouth Chile, creating a larger mobile network with expanded coverage.
Entel introduces ADSL broadband internet, offering high-speed connections to consumers and businesses.
Facing economic downturn, Entel implements a restructuring plan, reducing workforce and streamlining operations to improve profitability.
Entel launches prepaid mobile plans, expanding access to mobile services for lower-income segments and increasing market penetration.
Entel acquires Chilesat, a satellite communications provider, further strengthening its satellite and data services capabilities.
Entel launches 3G mobile services, enabling faster data speeds and mobile internet, positioning the company as a data leader.
Entel sells its fixed-line telephony operations to focus on mobile, data, and internet services, marking a strategic shift.
Entel signs a roaming and infrastructure-sharing agreement with Telefónica Chile, improving coverage and service quality.
Entel begins deployment of a fiber optic network to deliver high-speed broadband to homes and businesses, investing in future-proof infrastructure.
Entel acquires Telsur, a telecommunications company in southern Chile, expanding its regional presence and customer base.
Entel launches mobile television services using DVB-H technology, allowing customers to watch TV on mobile devices.
Entel rolls out fiber-to-the-home services in major cities, delivering ultra-fast broadband speeds up to 100 Mbps.
Entel begins deploying 4G LTE network, offering high-speed mobile data services to compete with other operators.
Entel commercially launches 4G LTE services in Santiago, providing download speeds up to 150 Mbps.
Entel acquires GTD Group's mobile telecom operations, adding customers and spectrum.
Entel celebrates 50 years of operations, reflecting on its evolution from state-owned monopoly to competitive private telecom leader.
Entel launches IPTV service, offering television over fiber optic, bundling with internet and phone.
Entel partners with Universidad de Chile to develop a 5G research lab, investing in next-generation technology.
Entel acquires Claro Chile's mobile operations, including customers and infrastructure, pending regulatory approval.
Entel conducts Chile's first 5G field trials, demonstrating speeds over 1 Gbps.
Entel sells a minority stake in its fiber network to KKR for $350 million, creating a joint venture to expand fiber coverage.
Entel implements free data and voice services to support remote work and education during the pandemic, while network traffic surges.
Entel launches commercial 5G services in Chile, offering enhanced mobile broadband and low latency.
Entel acquires OnNet Fibra, a fiber-optic network company, expanding its fiber footprint to reach more homes.
Juan José Cortés takes over as CEO of Entel, succeeding Antonio Büchi, with a focus on digital transformation and efficiency.
Entel sells its mobile tower portfolio to KKR for $400 million, leasing back space to reduce debt.
Entel extends fiber optic network to rural communities, bridging the digital divide with government subsidies.