InvestChile Blog

FDI news | Policies & Tools | Business data analysis | Investment location trends

Chilean households connected to optical fiber increases by 71%

InvestChile - March,5,2020

According to the OECD, Chile is one of the seven countries with the highest year-on-year growth of fixed high-speed optical fiber and cable networks. Growth in Chile is above the OECD average of 11.8%.

papa

Chile is performing well on the development of new-generation high-speed networks. The latest report by the OECD, with data to June 2019, shows that high-speed connections were up by 19.1% in 12 months.

As of June 2019, the country had 14.2 fixed coaxial cable (HFC) and optical fiber connections per 100 inhabitants, up from 12.1 a year earlier.

The most significant increase was in optical fiber connections to homes and businesses, which showed a year-on-year increase of 71%, more than six times the OECD average of 11.8%.

In Chile, 25.2% of connections are now fiber as compared to 26.8% for the OECD.

Similarly, as of June 2019, the mix of new-generation fixed technologies accounted for 78.7% of total fixed connections, ahead of the OECD average of 60.4%.

Whilst welcoming these results, the Undersecretary of Telecommunications, Pamela Gidi, indicated that work remains to be done. “The OECD figures are very positive and show the fruit of the state’s efforts on connectivity. However, the increase in connections will be complemented by the National Optical Fiber and Southern Optical Fiber projects, which will at least double the amount of fiber, preparing us to address the challenge of the digital revolution,” she said.

To find out more about investment opportunities and technology advances in Chile, see this article.

Source: Pulso

Nueva llamada a la acción

Topics: Digital Economy

InvestChile

InvestChile

We are the government agency responsible for promoting Chile in the global market as a destination for FDI.

Previous Post

Yape, the robot that will be delivering food in a few years time

Next Post

Made in Chile face masks with copper to reduce covid transmission

NEWSLETTER

Subscribe to our newsletter

Receive in your e-mail publications and news about how to guide your investment project in Chile

Subscribe to Our Newsletter

You can also subscribe here to our monthly Investment Review Newsletter

100% Privacy. No Spam.

Related Posts

Visas and foreign citizens

We invite you to obtain a complete guide of residence laws and regulations for investors and foreign workers in Chile.
Learn More