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Empresa Nacional (ENDESA) de Telecomunicaciones SA, Chile’s second-largest mobile-telephone operator, will begin offering pay-TV services in the South American nation in December, Pulso said.
Entel, as the company is also known, has signed an agreement with Media Networks, a unit of Spain’s Telefonica SA (TEF), which will provide content for the services, the Santiago-based newspaper wrote, without saying where it obtained the information.
Entel will invest about $50 million to provide the services, Pulso said.
An officer at Extend, Entel’s external corporate communications services provider, didn’t immediately respond to a phone call and e-mail seeking comment.
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