KKR and Telefónica set up Colombian fibre optic project
Credit: Shutterstock/EGT-1
US investor KKR has hired Simpson Thacher & Bartlett LLP in Houston and Gómez-Pinzón in Bogotá to pay US$500 million for a majority stake in Telefónica Colombia’s fibre optic network, through which the two companies will establish the country’s first wholesale digital infrastructure venture.
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