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Leading global investment firm KKR agrees to acquire a majority interest in PangeaCo and the fiber optic networks of Telefónica del Perú and Entel Perú KKR plans approximately US$200 million of additional investment to accelerate expansion of ultra-fast digital infrastructure to more than double the network to at least 5.2 million homes passed across Perú by the end of 2026 KKR will own a 54% controlling interest in Perú’s first independent open access wholesale fiber optic network, with 36% owned by Telefónica Hispanoamérica and 10% owned...

News Telefónica has sold a 54% stake in its Peruvian network to US-based investment firm KKR and 10% to Entel Peru, retaining a 36% share   In an effort to reduce debt and fund investment to build 5G mobile networks, Telefónica, one of Spanish America’s largest telecommunications firms, has recently made a sequence of asset…

Global investment firm, KKR (KKR) will acquire a majority interest in PangeaCo and the existing fiber optic networks of Telefónica del Perú and Entel Perú to build Perú’s first...

Twitter sets lawyers on Meta’s ThreadsKKR creates another Latin American FTTH playerWhich? highlights woes of UK broadband users

Reuters TikTok's Entry into Music Streaming Sector Raises Concerns for Spotify's Market Share Spotify Technology S.A. (NYSE: SPOT) could be up for a rough ride as ByteDance Ltd-owned short-video company TikTok shared plans to launch a new music streaming service in Brazil and Indonesia. Previously ByteDance said it would stop its existing music streaming service Resso as of September 5 in both countries and maintain its operations only in India. Last year reports suggested ByteDance was eyeing e